Lehman Told Not to Pay Gleacher for Advice on Archstone

Dec. 9 (Bloomberg) -- Lehman Brothers Holdings Inc., which is trying to raise about $2.6 billion as part of a plan to sell Archstone, its biggest real estate asset, was told not to pay Gleacher & Co. for its advice because the firm's fees are “not reasonable.” Gleacher sought as much as $15 ...

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