Stephen Green Wants to Keep His $21 Million
cityfile · 12/31/08 08:04AMStephen Green's commercial real estate empire has been hard hit by the credit crisis—just yesterday, the company announced it planned to cut its fourth-quarter dividend—but the implosion of Lehman Brothers may end up putting an extra $21 million in the coffers of his company, SL Green. Last week, SL Green filed suit against Lehman's commercial banking arm for failing to provide his firm with a loan after Lehman Brothers went bankrupt. Doesn't compute? Allow us to explain.