Lehman Brothers

Lehman Brothers Holdings Inc. (former NYSE ticker symbol LEH) /ˈlmən/ was a global financial services firm. Before declaring bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, and Merrill Lynch), doing business in investment banking, equity and fixed-income sales and trading (especially U.S. Treasury securities), research, investment management, private equity, and private banking. Lehman was operational for 158 years from its founding in 1850 until 2008.

On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, and devaluation of assets by credit rating agencies, largely sparked by Lehman's involvement in the subprime mortgage crisis and subsequent allegations of negligence and malfeasance.Lehman's bankruptcy filing is the largest in US history, and is thought to have played a major role in the unfolding of the late-2000s global financial crisis. The following day, Barclays announced its agreement to purchase, subject to regulatory approval, Lehman's North American investment-banking and trading divisions along with its New York headquarters building. On September 20, 2008, a revised version of that agreement was approved by U.S. Bankruptcy Judge James M. Peck. The next week, Nomura Holdings announced that it would acquire Lehman Brothers' franchise in the Asia-Pacific region, including Japan, Hong Kong and Australia, as well as Lehman Brothers' investment banking and equities businesses in Europe and the Middle East. The deal became effective on October 13, 2008.

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The Residence Cast: Where Have You Seen The Stars Of The Mystery Series Before?

Huffington Post 22 Mar 2025
Uzo Aduba leads the cast of The Residence ... Here’s where you’ve seen the cast before…Uzo Aduba. Uzo Aduba as Suzanne Warren in Orange Is The New Black ... in 2016 ... in Brooklyn Nine-Nine and the Lehman brothers in the dark comedy Black Monday.Al Mitchell ... .
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‘The Lehman Trilogy’ is epic at The Rep

The Record 19 Mar 2025
It tracks the Lehman brothers from 1844 when the oldest, Henry, first arrived in the United States ... Clearly the history of the Lehman Brothers’ rise from immigrant status to that of a world power is ...
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Japan's land prices see biggest rise since 1992

Urdu Point 18 Mar 2025
Prior to it, the 2008 failure of the financial firm Lehman Brothers, the 2011 earthquake, tsunami, and nuclear accident in northeastern Japan, and the COVID-19 pandemic that began in 2019 all contributed to a decline in pricing.</p> .
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Land prices up in half of Japan's rural areas for 1st time in 33 yrs

Kyodo 18 Mar 2025
(Kyodo) ... Before that, prices were depressed by the collapse of the investment bank Lehman Brothers in 2008, the 2011 earthquake-tsunami-nuclear disaster in northeastern Japan, and the COVID-19 pandemic which started in 2019 ... Related coverage. ... ....
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Workplace design company appoints specialist behind roll-out of Apple’s UK stores

The Business Desk 17 Mar 2025
They include the rollout of Apple’s UK stores and Lehman Brothers’ offices across Europe, as well as high-end hospitality projects including the Hakkasan Mayfair Chinese restaurant in London ... Dieter Wood, CEO of Bath-based Interaction, said ... .
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REVIEW: At theRep, 'The Lehman Trilogy' is a consummate theater experience

The Berkshire Eagle 14 Mar 2025
A captivating production of "The Lehman Trilogy" at theRep unfolds the dramatic rise and fall of Lehman Brothers, vividly portraying family, money, greed and survival ....
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Aegis Capital Corp. Announces the Hiring of a New Managing Director

ACCESSWIRE 13 Mar 2025
Prior to joining Aegis, Dan held similar positions as a Director at Alex Brown, Director in the client services division of Credit Suisse, and a Senior Vice President with Lehman Brothers, where he ...
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Theater review: ‘Lehman Trilogy’ brilliant at Capital Rep

Times Union 12 Mar 2025
They each play one of the original Lehman brothers, who start in business with a fabric store in Alabama, and later inhabit the brothers’ sons, grandsons and many others, from toddlers to wives to a ...
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Theater in March ends like a lion

The Record 12 Mar 2025
It’s about how the three Lehman brothers came to the United States as virtually penniless immigrants ... It ends when the investment firm, Lehman Brothers, which was considered too big to fail, fails.
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Zach Harney, Financial Planning: Is my investment account safe?

Monterey Herald 12 Mar 2025
More recently, I’ve been asked the same question regarding investment accounts, which are not covered by the FDIC ... In recent decades, the SIPC has been involved in several high-profile cases, including the liquidation of Lehman Brothers and MF Global.
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Balance expected from new Canada PM

China Daily 12 Mar 2025
John J ... "Unless Trump stops and turns around, the US could even face another financial crisis, similar to what happened when Lehman Brothers collapsed and triggered the Great Recession," Kirton said ... Kirton expected a similar pattern moving forward ... .
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How The Ukraine Crisis Gave Keir Starmer His Gordon Brown Moment

Huffington Post 07 Mar 2025
But the financial crash, triggered by the collapse of Lehman Brothers in America, saw Brown – a former chancellor – hit his stride as prime minister and lead the global response to the crisis ... (AP Photo/Kin Cheung) ... A Labour source said ... Related... .
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Blackstone set to acquire South City Mall for 3.5k cr, city’s largest in real estate deal

The Times of India 06 Mar 2025
Kolkata ... Worldwide, Blackstone manages assets worth Rs 9.6 lakh crore.New York-based Blackstone Inc was founded in 1985 as a mergers and acquisitions firm by Peter G Peterson and Stephen A Schwarzman, who previously worked at Lehman Brothers ... .
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Victoria Clement Joins Newfi Correspondent as EVP, Correspondent Lending

ACCESSWIRE 06 Mar 2025
She has also served in leadership roles at loanDepot, Goldman Sachs, Lehman Brothers, and GE Capital, where her work played a key role in developing correspondent lending strategies, corporate ...
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