Lehman Brothers Holdings Inc. (Pink Sheets: LEHMQ)
Overview
In what could be called the collapse heard 'round the world, venerable investment bank Lehman Brothers declared bankruptcy in September 2008, ending a reign of some 160 years in financial services. One of the top bulge-bracket firms and perennially among the industry leaders in M&A advice, debt and equity underwriting, and global finance suffered a knockout punch, reporting nearly $7 billion in losses in the heat of the global credit crisis. After acquisition talks with foreign investors fell through, Lehman tried to restructure, including selling off units for cash. The efforts were too little too late, though, and Lehman filed for Chapter 11 bankruptcy, shutting down operating subsidiary Lehman Brothers Inc.
Sample Overview & HistoryKey Numbers from Hoover's UK
Key financials for Lehman Brothers Holdings Inc. (Pink Sheets: LEHMQ)
| Company Type | Public (Pink Sheets: LEHMQ) |
|---|---|
| Fiscal Year-End | November |
Key People from Hoover's UK
Key people and executives for Lehman Brothers Holdings Inc. (Pink Sheets: LEHMQ)
| CEO | Bryan P. Marsal (Subscribers see complete biographies -- view sample)
|
|---|---|
| SVP and Assistant Chief Restructuring Officer | John Suckow |
| EVP and CFO | William J. (Bill) Fox |
Industry Information from Hoover's UK
First Research Industry Profiles Extensive Industry Intelligence
Hoover's Industries
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Financial Services
- Investment Banking(primary)
Subsidiaries/Affiliates Covered By Hoover's UK
Subsidiaries/affiliates of Lehman Brothers Holdings Inc. (Pink Sheets: LEHMQ)
