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Lehman Brothers - Wikipedia

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Lehman Brothers Inc. (⫽ˈliːmən⫽ 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.[3][4] It was doing business in investment banking, equity, fixed-income and derivatives 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.[5] On September 15, 2008, Lehman Brothers filed for Chapter 11 bankruptcy protection following the exodus of most of its clients, drastic declines in its stock price, and the devaluation of assets by credit rating agencies. The collapse was largely due to Lehman's involvement in the subprime mortgage crisis and its exposure to less liquid assets.[6][7][8] Lehman's bankruptcy filing was the larges

Lehman Brothers - Wikipedia Jump to content From Wikipedia, the free encyclopedia 1850–2008 American financial services firm [[Montgomery, Alabama]], U.S.<ref name=\"harvard\">{{cite web |url=http://www.library.hbs.edu/hc/lehman/history.html |title=History of the Lehman Brothers |access-date=December 1, 2010 |publisher=[[Harvard University Library]]-Lehman Brothers Collection |archive-date=October 9, 2018 |archive-url=https://web.archive.org/web/20181009012745/https://www.library.hbs.edu/hc/lehman/history.html |url-status=dead }}</ref>"},"hq_location":{"wt":"[[745 Seventh Avenue]]"},"hq_locati

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