Lehman Brother posts $3.9B loss

The World

In a report released this morning, Lehman Brothers has posted losses of 3.9 billion dollars for the third quarter. Shares of Lehman Brothers have fallen to the lowest level in more than a decade, as investors worry that the firm is running out of options to raise capital. Guest: Matthew Bishop, chief business writer for The Economist

Will you support The World with a monthly donation?

Every day, reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you. We need your support to ensure we can continue this work for another year.

Make a gift today, and you’ll help us unlock a matching gift of $67,000!