Axiom Capital's Dalton Says Lehman Is in 'Survival Mode'

Liam Dalton, chief executive officer of Axiom Capital Management, talks to Bloomberg's Betty Liu in New York about the outlook for Lehman Brothers Holdings Inc. and the U.S. equity market. Lehman, the fourth-biggest U.S. securities firm, posted the biggest loss in its 158-year history and said it plans to sell a majority stake in its asset-management unit and spin off commercial real-estate holdings in an effort to shore up capital and regain investor confidence. (Source: Bloomberg)

Bloomberg | September 10, 2008

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