Lehman feels the strain
Lehman Brothers was forced to reassure investors over its liquidity position in March, after its stock price spiralled downwards following concerns it could run out of cash. From a previous close of $39.26, Lehman Brothers' stock price fell dramatically on March 17, touching a low of $20.25 and closing at $31.75, before rebounding the following day to close at $46.49 on better-than-expected first-quarter earnings.
The collapse in its stock price followed the admission from Bear Stearns on March
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