Tag Archives: Lehman Brothers

Lehman Brother forever will be remembered as the first company to fall and put the economy in free fall in the 2008 recession. New documents reveal that less than a year prior to the recession, Lehman Brothers was paying it’s elite quite handsomely. Almost $700 Million to just 50 employees! This news sure shocked everyone, even Wall St. veterans who ... Read More »

The Securities and Exchange Board of India (Sebi) chairman CB Bhave on Friday said regulating bigger entities is a greater challenge for regulators worldwide. While addressing a function in Mumbai, Sebi chief said bigger entities have more ‘persuasive power’ making it difficult to keep a check on them. Against the backdrop of the 2008 financial crisis when the bankruptcy of ... Read More »

Artworks that used to adorn the walls and halls of Lehman Brothers’ offices in London is up for auction. They are expecting it to fetch at least 2 million pounds. So, who wants to bid on bankrupt company’s artworks ? I think the reason that the company failed itself is going to propel the auction. The artworks are going to ... Read More »