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Article: Limited fallout seen in Asia from bankruptcy of Lehman
- Article from:
- International Herald Tribune
- Article date:
- September 17, 2008
- Author:
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Martin Fackler The New York Times Media Group
International Herald Tribune
09-17-2008
Limited fallout seen in Asia from bankruptcy of Lehman
Byline: Martin Fackler The New York Times Media Group
Edition: 4
Section: FINANCE/BUSINESS
TOKYO --
Keith Bradsher contributed reporting from Hong Kong.
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The fallout from the collapse of Lehman Brothers caused widespread selling of banking shares Tuesday in Asia, where many of the failed American company's biggest creditors were based. But analysts and bankers said the effects of Lehman's failure on Asian financial markets would be limited.
When it announced plans to file for bankruptcy in New York on Sunday, Lehman said it had outstanding loans worth ...