Lehman plan gets tepid response

(01:41) Report

Sep 10 - Beleagured U.S. investment bank Lehman Brothers announced a strategy it hopes will help save the company even as it posted a surprise a $3.9 billion third-quarter loss.

Wall Street analysts said the plan did not go far enough to provide insight into what America's fourth largest investment bank needs the most - an infusion of new cash.

Conway Gittens reports. SPEAKER: Art Hogan, chief market strategist, Jefferies & Co. Conway Gittens reports from New York.

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