Asarco asks court to boost Lehman's pay -- 2.6 MILLION so far.....

"Harbinger said Lehman has been paid $2.6 million for its work so far.

In August, Asarco asked the bankruptcy court to boost Lehman's monthly compensation and increase the fees the firm could earn based on a sale of Asarco's assets or the sale of debt or equity as part of a bankruptcy-exit plan."

Harbinger Blames Lehman in Asarco Case
Houston Chronicle - United States

ASARCO bond holder Harbinger trying to shoot down Lehman Brothers' bid to get paid in ASARCO bankruptcy hearing....

[it isn't called a "feeding frenzy" for nothing... note the Piranha-like effect!... meanwhile word-of-mouth gossip is that ASARCO is advertising in Louisiana for steelworkers to start work in El Paso for ASARCO when it opens....]

"Associated Press - January 9, 2008 3:15 PM ET

WASHINGTON (AP) - Hedge fund Harbinger Capital Partners is trying to shoot down Lehman Brothers Holdings' bid to get paid in Asarco LLC's bankruptcy case..."

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