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Lehman Brothers is a United States-based financial services company that provides a variety of commercial financial services worldwide, including various investment and banking services as well as market research and trading. It is heavily involved in the U.S. Treasury securities market, and is comprised of numerous subsidiary companies. On September 15, 2008, the company announced it was filing for bankruptcy after a $3.8 billion loss had been reported on September 10.The New York Times: Lehman Sees $3.9 Billion Loss (September 10, 2008) CNN: Lehman Brothers To File For Chapter 11 Bankruptcy (September 15, 2008)
- Stock symbol: LEH (NYSE)
- Annual revenue (2007): $59 billion
- Founders: Henry, Emanuel, and Mayer Lehman
- Year established: 1850
- Industry: Finance, banking, investment
- Phone: 212-526-7000
- Fax: 212-526-3738
- Headquarters: New York City, New York
- Overseas headquarters in London and Tokyo
- President/CEO: Richard Fuld
- Staff: 28,100
Key Dates
- 1850: Henry, Emanuel, and Mayer Lehman, three German immigrants, found the company under the name Lehman Brothers
- 1855: Henry dies of yellow fever, and the company focuses harder on commodities trading and brokerage operations
- 1924: John M. Hancock becomes the first partner who is not part of the Lehman family
- 1969: Robert Lehman dies, and is the last member of the Lehman family to run the company
- 2008: Loses $3.8 billion dollars in assets, files for Chapter 11 bankruptcyCNN: Lehman Brothers To File For Chapter 11 Bankruptcy (September 15, 2008)
- Phone number: 1-800-666-2388
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Lehman Brothers on Amazon
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Greed and Glory on Wall Street: The Fall of the House of Lehman - $19.95
The New York Times bestseller about the collapse of a major financial house and Wall Street institution, in paperback for the first time.
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Lehman Brothers Desktop Cigar Humidor Collectable - $159.99
Be a part of history and take home this Lehman Brothers desktop humidor. This humidor, made as a promotional gift for the now defunct Lehman Brothers, is the perfect place to store all your rare cigars, or maybe some stock certificates. The...
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Lehman Brothers Business Profile - $9.99
The Lehman Brothers Business Profile is a business publication which has been designed to better help readers understand the history and story of one of the world's largest companies, Lehman Brothers. This Qontro Business Profile has been d...
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Lots of Lehmans: The Family of Mayer Lehman of Lehman Brothers - $39.95
The Center for Jewish History has broken new ground with this richly produced book, unique in concept, content, and format. With candor and wit, fifty-five descendants of Mayer Lehman--youngest of the three founding brothers of Lehman...
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Lehman Brothers Stock Quotes
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