As we approach Independence Day, Lehman Brothers is praying to keep its own freedom. Here’s how.

With July 4th coming later this week, we take our eyes off America’s (and our own) birthday celebrations to focus on a firm that’s currently fighting pretty hard to stay independent: Lehman Brothers, which yesterday quashed the persistent rumors that it would sell itself. Ladenburg Thalmann research analyst Richard X. Bove–an analyst known for his often skeptical pronouncements–scoffed at the rumors Monday that Lehman Brothers Holdings was for sale.

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