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Goldman, Other Banks Propose Plan To Restructure Lehman Brothers

A group of banks including Goldman Sachs (GS.N) and Morgan Stanley (MS.N) has filed a plan to restructure Lehman Brothers Holdings Inc that would let the failed bank’s different parts remain separate.The plan, filed on Monday in U.S. Bankrup…

A group of banks including Goldman Sachs (GS.N) and Morgan Stanley (MS.N) has filed a plan to restructure Lehman Brothers Holdings Inc that would let the failed bank’s different parts remain separate.

The plan, filed on Monday in U.S. Bankruptcy Court in Manhattan, is one of three competing plans to restructure Lehman. Another was filed by Lehman. A third was filed by a group of creditors including hedge fund Paulson & Co.

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