Councils face setback in Lehman court action

Jun 14, 2009 Full story: The Sydney Morning Herald

AN ATTEMPT by several councils to scuttle an agreement between Lehman Brothers' creditors has suffered its first setback, after administrators sealed the arrangement before the matter went to court.

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United States

#1 Jul 3, 2009
"Public money totally safe" hey.

Brisbane, Australia

#2 Oct 4, 2012
sceptic wrote:
"Public money totally safe" hey.
Yep, with parkes council you'll get back maybe 9% of the principal you give them to invest for you

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