In an effort to dispel rumors about its financial health, Lehman Brothers on Monday disclosed its exposure to hedge funds, emerging markets, and commercial mortgage-backed securities.

The country's fourth-largest investment bank said it has total credit exposure to hedge funds of $447 million, collateralized by $583 million, primarily in cash, U.S. Treasuries, and U.S. agency notes. Lehman said that it has $72 million in uncollateralized exposure, and that its largest hedge fund credit is $10 million.

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