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Bankruptcies

Lehman Brothers implosion now complete

September 15, 2008

After months of speculation and struggle, Lehman Brothers has finally gone under. The company’s frenzied weekend scramble to find a buyer was unsuccessful so Lehman Brothers has been forced to file bankruptcy with $613 billion worth of debts.

Lehman Brothers is now bankrupt
Lehman smothers 

Further coverage:

  • Bloomberg Worldwide: Lehman Files Biggest Bankruptcy Case as Suitors Balk
  • CNN: “The Meltdown”
  • The Guardian: Q&A on Lehman Brothers
  • The Wall Street Journal: Lehman Files for Bankruptcy
  • The India Times: Lehman brothers Bankruptcy to Change the Face of Banking
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Posted in Bankruptcies by Christy
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Starring: Lehman Brothers
Related stories:
  • WaMu seized and sold
  • Idiot links: October 13, 2008
  • Lehman smothers
  • Sept 29th stock market recap
  • Wachovia celebrates not failing by selling out to Citigroup
  • Lehman employees paid out twice the firms value
  • Lehman loses nearly $3 billion in 3 months
•

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