JPMorgan Fights Lehman Bid to ‘Harass’ by Querying Iksil

JPMorgan Fights Lehman Bid to ‘Harass’ by Querying Iksil

Simon Dawson/Bloomberg

According to JPMorgan, a key lender to Lehman during the 2008 credit crisis, the margin on fewer than a dozen derivatives trades that Lehman wanted to query Bruno Iksil about -- out of 70,000 such trades between the bank and its client -- wasn’t related to the collateral at issue in the lawsuit.