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Lehman Sits on Bomb of Uranium Cake as Prices Slump

(Bloomberg) — Lehman Brothers Holdings Inc. is sitting on enough uranium cake to make a nuclear bomb as it waits for prices of the commodity to rebound, according to traders and nuclear experts.

The bankrupt bank, in the throes of paying off creditors, acquired uranium cake

The uranium, which may be as much as 500,000 pounds, might fetch $20 million at today



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