The financial fallout from the Lyondell (LBI) bankruptcy continues, as the banks slowly begin to acknowledge their losses. According to Bloomberg , Len Blavatnik (Access Industries chairman) "didn't put any of his firm's money toward buying...
Filed under: Financial Events, M & A, Leverage, recession, Goldman Sachs, Petrochemicals, polyethylene, Merrill Lynch, polypropylene, polymers, Citigroup, RBS, LyondellBasell, Bank of America, Apollo