Lehman Brothers Holdings Inc

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Lehman Brothers Holdings Inc. (Pink Sheets: LEHMQ, former NYSE ticker symbol LEH) (pronounced /ˈliːmən/) was a global financial-services firm which, until declaring bankruptcy in 2008, participated in business in investment banking, equity and fixed-income sales, research and trading, investment management, private equity, and private banking. It was a primary dealer in the U.S. Treasury securities market. Its primary subsidiaries included Lehman Brothers Inc., Neuberger Berman Inc., Aurora Loan Services, Inc., SIB Mortgage Corporation, Lehman Brothers Bank, FSB, Eagle Energy Partners, and the Crossroads Group. The firm's worldwide headquarters were in New York City, with regional headquarters in London and Tokyo, as well as offices located throughout the world. On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, and devaluation of its assets by credit rating agencies. The filing marked the largest bankruptcy in U.S. history.
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Lehman Brothers

Lehman Brothers
Source: Freebase, licensed under CC-BY

Lehman Brothers

Lehman Brothers
Source: Freebase, licensed under CC-BY

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Updated Dec 31 7:00pm ET
The Examiner has determined that there are a limited number of colourable claims for avoidance actions against JPMorgan and Citibank
Lehman's available liquidity is central to the question of why Lehman failed.
The demands for collateral by Lehman's lenders had direct impact on Lehman's liquidity pool
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