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U.S. trustee objects to Borders' bonus plan

NEW YORK (Reuters) - The Office of the U.S. Trustee objected to a proposal by Borders Group Inc <BGPIQ.PK> to pay over $8 million in bonuses to high-level employees this early in its bankruptcy proceeding.Full story

Lehman files new plan for repaying creditors

Bankrupt financial company Lehman Brothers Holdings Inc proposed a new plan for dividing up billions of dollars among its creditors and offered a bigger payment to bondholders, provided they sign on. Full story

Report: Duchess of York may face bankruptcy

The Sunday Telegraph of London reports that at least one Buckingham Palace adviser recommends the Duchess of York seek voluntary bankruptcy, a first for a royal. Full story

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