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Lehman Brothers Inc. (/ ˈ l iː m ən / LEE-mən) was an American global financial services firm founded in 1850. [2] Before filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, and Merrill Lynch), with about 25,000 employees worldwide.
If there is one financial firm that remains inseparable from the real estate calamity of the last two years, it's Lehman Brothers. Today's shocker? Lehman's back in business, as an aggressive ...
In an attempt to meet their own credit needs, Lehman Brothers International routinely re-hypothecated [36] the assets of their hedge funds clients that utilized their prime brokerage services. Lehman Brothers International held close to $40 billion of clients assets when it filed for Chapter 11 Bankruptcy.
According to bankruptcy examiner Anton Valukas, the seeds of Lehman's Sept. 15, 2008, bankruptcy were sown in 2006, aggressively fertilized throughout 2007 and 2008's first two quarters, and ...
Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman , who had previously worked together at Lehman Brothers .
Lehman Brothers Holding, Inc. ('Lehman') engage in an accounting fraud involving the surreptitious removal of tens of billions of dollars of fixed income securities from Lehman's balance sheet in ...
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