Lehman wants to question ‘London Whale’ over collapse
Friday 15 February 2013
Lehman Brothers Holdings wants to question Bruno Iskil, the trader known as the London Whale who lost JP Morgan millions, about any role he might have played in the investment bank’s 2008 collapse.
The remains of Lehman, which is collecting money to pay creditors, has claimed $8.6 billion (£5.5 billion) from JP Morgan and believes Iskil may have knowledge of how its chief investment office, where he worked, was involved in Lehman’s demise.
Iskil does not want to talk and Lehman has asked a US court for permission to ask French authorities to compel him to testify.
JP Morgan revealed last year that it had lost more than $6.2 billion through its London-based chief investment office.
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