I have no idea how to parse the long-term implications of this:

Lehman Brothers shut down its carbon emissions trading desk after the bank filed for bankruptcy protection, a source close to the company told Reuters on Monday.

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Stories like this don’t tell themselves.

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The "source close to the company" declared the sudden stoppage "a bit anarchic." I agree! Lehman had announced that it would keep all operations going as it went through bankruptcy. Guess not.

Any comment on this development, Adam Stein?

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