(update: O.C. jobs)
Lehman Brothers said today it's closing Irvine-based subprime lender BNC Mortgage due to market turmoil.
The closure impacts about 1,200 employees in 23 locations. Up to 40 percent of the jobs, or about 480 workers, are in Irvine, the company said
BNC stopped making loans, but will fund any already approved.
Lehman will continue to make [...]
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