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Lehman Brothers Inc. (/ ˈ l iː m ən / LEE-mən) was an American global financial services firm founded in 1850. 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.
The college is named after Herbert H. Lehman, a former New York governor, United States senator, philanthropist, and the son of Lehman Brothers co-founder Mayer Lehman. It is a senior college of the City University of New York (CUNY) and offers more than 90 undergraduate and graduate degree programs and specializations.
The Lehman family (also Lehmann, Liehmann or Liehman) is a prominent family of Jewish German-Americans who founded the financial firm Lehman Brothers. Some were also involved in American politics. [1] Members have married into the prominent Morgenthau, Loeb, and Bronfman families.
New York Attorney General Andrew Cuomo has slapped Big Four audit firm Ernst & Young with civil fraud charges for its alleged role in the collapse of Lehman Brothers.
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The bankruptcy triggered a 4.5% one-day drop in the Dow Jones Industrial Average, then the largest decline since the attacks of September 11, 2001. It signaled a limit to the government's ability to manage the crisis and prompted a general financial panic.
Starting in 2006, Valukas reports, Lehman's management decided to stop enforcing a single transaction limit for leveraged loans because the limit had cost Lehman too much business, and it...
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The Lehman Trilogy is a three-act play by Italian novelist and playwright Stefano Massini. It follows the lives of three immigrant brothers from when they arrived in America and founded an investment firm through the collapse of Lehman Brothers in 2008.
Lehman's Hardware is a retail store located in Kidron, Ohio. Originally specializing in products used by the Amish community, it has become known worldwide as a source for non-electric goods. The 35,000-square-foot (3,300 m 2 ) facility bills itself as a "Low Tech Superstore" and a "Purveyor of Historical Technology," both of which are ...