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  • German bank pays Lehman 300 million euros -- by mistake

    09/17/2008 8:43:49 PM PDT · by TigerLikesRooster · 20 replies · 137+ views
    AFP ^ | 09/17/08
    German bank pays Lehman 300 million euros -- by mistake Wed Sep 17, 12:21 PM ET German state development bank KfW transferred by mistake 300 million euros (427 million dollars) to Lehman Brothers after it had collapsed, Berlin admitted on Wednesday. "We are working to shed light very quickly on this technical fault," finance ministry spokesman Torsten Albig said. The transfer happened on Monday after the US investment bank had filed for bankruptcy protection.