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To: RealMuLan who wrote (87496)	10/1/2008 1:11:07 PM
From: RealMuLan	Respond to of 116555

"Lehman's Fired Staff Get 800 Pounds, Bonus Doubtful (Update1) bloomberg.com By Caroline Byrne Oct. 1 (Bloomberg) -- The 750 Lehman Brothers Holdings Inc. U.K. staff that lost jobs today are guaranteed 800 pounds ($1,426) under law and must line up with other creditors if they hope to get any of their discretionary bonus, lawyers said. ``They've been told they will get their pay for the last month and they take their place with all other unsecured creditors,'' said Ronnie Fox, London-based partner with Fox Lawyers, whose firm has received several calls from former Lehman professionals. PricewaterhouseCoopers LLP, Lehman's U.K. bankruptcy administrator, said yesterday that the jobs will be eliminated in Lehman's European fixed income and personal investment management units. The bank employed about 4,500 in London's Canary Wharf.