It was big news when the Lehman Brothers estate claimed that Barclays owes it $8 billion. Now it looks like it might have some reverberations that could touch JPMorgan Chase, notes TheStreet.com. Reportedly, JPMorgan made a multibillion dollar collateral call against Lehman just prior to the latter's Chapter 11 filing. Creditors for Lehman Brothers, bent on getting what they can, have asked the bankruptcy court to look into the issue, to see what exactly went down.

It's unclear if JPMorgan did anything wrong and thus whether it will owe any money, but it might be instructive to get a blow-by-blow account of how it all transpired. I'm not sure that anyone cam really piece together the entire sequence of events that led to the collapse. There were certainly a lot of crows circling, but as the bank's largest creditor, JPMorgan finds itself in the middle. 

For more:
- here's the article

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