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  2. Bankruptcy of Lehman Brothers - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers

    The bankruptcy of Lehman Brothers, also known as the Crash of '08 and the Lehman Shock, on September 15, 2008, was the climax of the subprime mortgage crisis. After the financial services firm was notified of a pending credit downgrade due to its heavy position in subprime mortgages, the Federal Reserve summoned several banks to negotiate ...

  3. Lehman Report: The Business Decisions That Brought ... - AOL

    www.aol.com/2010/03/14/lehman-report-the...

    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 ...

  4. Lehman Brothers - Wikipedia

    en.wikipedia.org/wiki/Lehman_Brothers

    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.

  5. Lehman Report: Why the U.S. Balked at Bailing Out Lehman - AOL

    www.aol.com/news/2010-03-15-why-the-u-s-balked...

    Paulson told Fuld in July that the government would not help Lehman, and he believes he even raised the possibility of Lehman's bankruptcy, says Valukas. Fuld agreed that Paulson never promised ...

  6. Lehman Brothers Hastened Its Own Bankruptcy: Report - AOL

    www.aol.com/news/2010-03-11-lehman-brothers...

    At $639 billion, Lehman Brothers Holdings' bankruptcy in 2008 was the biggest in U.S. history and touched off a withering financial crisis known as the Great Recession. On Thursday, a federal ...

  7. Report of Anton R. Valukas - Wikipedia

    en.wikipedia.org/wiki/Report_of_Anton_R._Valukas

    Anton Valukas, chairman of the Chicago law firm Jenner & Block, was appointed by a bankruptcy court in New York in early 2009 to report on the causes of the Lehman bankruptcy. With fellow authors, he produced a 2200-page document detailing their views on the inner workings of Lehman Brothers, and possible avenues for proceedings against ...

  8. Legal Briefing: Lehman Examiner's Report Nears Publication - AOL

    www.aol.com/news/2010-03-10-legal-briefing...

    A daily look at legal news and the business of law: Lehman Bankruptcy Details May Get Thorough Public Airing After Lehman Brothers filed for bankruptcy on Sept. 15, 2008, Anton Valukas of Jenner ...

  9. Capitol Hill Revisits the Lehman Brothers Collapse

    www.aol.com/news/2010-04-20-capitol-hill...

    Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke told lawmakers on Tuesday that the bankrupcty of Lehman Brothers serves as perhaps the best example of the need for ...