Commentaries

Lehman the tax scofflaw

September 16, 2009

Wow, Lehman Brothers really didn’t like paying taxes.

Back in June, New York City’s tax department filed a $626 million claim for back taxes against the bankrupt investment bank. And now comes New York State with an even bigger $1.2 billion tax claim.

Lehman’s huge NYC tax bill

June 29, 2009

New York City wants Lehman Brothers’ outstanding tax bill paid off now–or at least before any other creditor gets money in the bankruptcy case.