Shearson Lehman/American Express
Five Years After the Financial Collapse, Is the Economy Still at Risk?
Five years ago this month, global markets were stunned when financial services firm Lehman Brothers collapsed. The bankruptcy filing remains the largest in U.S. history, with Lehman holding over $600 billion in assets at the time. Half a decade later, we have Dodd-Frank, the most significant change to financial regulation in the United States since […]
Lehman Brothers’ corporate art up for auction
The art that hung on the walls of Lehman Brothers corporate offices will be going to the auction block in a few weeks. We talk to Lawrence Pollard, the BBC art correspondent who has been investigating what’s happened to the Lehman Brothers art collection.
Lehman Brother posts $3.9B loss
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