Sandy Weill came out on top, as he always seemed to. Citicorp and Travelers/Salomon merged on schedule. Lehman Brothers, which had been plagued by rumors, quickly recovered. Chase Manhattan—without whose repeated help Long-Term would have surely failed—had its loans repaid and came out whole. Indeed, thanks to the rescue, Long-Term met every margin call. All of its debts to creditors were repaid in full.
