'Lehmans abandoned its UK staff': Ex-employee reveals riddle of missing billions switched from London to New York | WHAT REALLY HAPPENED


'Lehmans abandoned its UK staff': Ex-employee reveals riddle of missing billions switched from London to New York

The US side of collapsed investment bank Lehman Brothers abandoned its employees at the London office, a senior insider at the bank has claimed.

Robert Daniels, a senior head at the firm, says that the $5bn that was transferred to the New York office on Friday evening has left its UK employees high and dry.

Daniels, whose name has been changed to protect his identity, told the Evening Standard of his anger upon learning that the New York subsidiary of Lehmans is doing a deal with Barclays Bank to save its broker/dealer operation.

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