Lehman Brothers Inc.

News and overview for Lehman Brothers Inc.

Figures show record Wall St. profit after bailouts - MarketWatch
MarketWatch | 5 days 1 hour 51 minutes ago
However, compensation restrictions that came with government support may limit the tax-revenue bonus boost that New York City -- facing a multibillion-dollar budget deficit -- usually gets from such Wall Street success, Comptroller Thomas DiNapoli explained.


Big payouts for Lehman and Bear Stearns execs: WSJ
MarketWatch | 5 hours 24 minutes ago
The top executives at Lehman Brothers Holdings Inc


Lehman expects reorganization plan in Q1
Canada.com | 4 days 23 hours 23 minutes ago
YORK -- Lehman Brothers Holdings Inc , the U.S. investment bank whose September 2008 collapse sharply accelerated a world financial meltdown, said Wednesday it expects to have a reorganization plan outline ready by the end of March 2010.


Barclays Capital hires 150 Asia bankers, to hire 100 more - MarketWatch
MarketWatch | 4 days 13 hours 7 minutes ago
Barclays, which is best known for its bond business, has been on a hiring spree to build its Asian equity capital markets teams. The 100 or so hires are expected to be in various areas including equities, investment banking, research and information technology, one person said Thursday, adding that most of the hires will be in Hong Kong.


Hedge fund manager Einhorn says break up big banks - MarketWatch
MarketWatch | 35 days 2 hours 3 minutes ago
DTE Energy increases 2009 earnings outlook


Money flows into hedge funds again, HFR says - MarketWatch
MarketWatch | 35 days 3 hours 18 minutes ago
Over two-thirds of all hedge funds experienced capital inflows in the third quarter, getting more than $38 billion in new assets, HFR reported. However, these gains were offset by more than $37 billion in capital outflows from investor redemptions and liquidations. That resulted in a net inflow of $1.1 billion.


Goldman posts profit, sees conditions improving - MarketWatch
MarketWatch | 39 days 6 hours 20 minutes ago
Analysts polled by Thomson Reuters had expected the firm to earn $4.24 a share.


Lehman, Bear Executives Cashed Out Big
Wall Street Journal, The | 6 hours 8 minutes ago
Bear Stearns Cos. and Lehman Brothers Holdings Inc. executives cashed out nearly $2.5 billion from their firms between 2000 and 2008 even though the financial crisis hammered the shares they held, according to a study set to be released Monday.


Money keeps flowing into hedging industry - MarketWatch
MarketWatch | 10 days 22 hours 8 minutes ago
Investors allocated $14.2 billion to hedge funds in October. That was a faster pace than September and the sixth consecutive month of inflows. During that time, $91.7 billion has been put into the industry, said HedgeFund.net, which tracks assets and returns in the sector.


Radical fixes for 'too big to fail' gain support - MarketWatch
MarketWatch | 15 days 2 hours 6 minutes ago
"What you will have is another public utility sector, with banks growing roughly 4% a year, funded by deposits," Richard Bove, a financial-services analyst at Rochdale Securities, said in an interview.


Israel stocks lower; Teva reports net up 2.9% - MarketWatch
MarketWatch | 20 days 4 hours 15 minutes ago
Late in the trading day, the Tel Aviv Stock Exchange's benchmark TA-25 Index declined 1.40% to 991.85, while the TA-100 Index /quotes/comstock/!ta100 (XX:TA100 940.46, -16.87, -1.76%) lost 1.61% to 925.29.


CITto file for bankruptcy after rescues fail - MarketWatch
MarketWatch | 21 days 21 hours 43 minutes ago
The formal filing in U.S. Bankruptcy Court was expected to follow within hours,.


CIT files for bankruptcy protection - MarketWatch
MarketWatch | 21 days 5 hours 21 minutes ago
"The decision to proceed with our plan of reorganization will allow CIT to continue to provide funding to our small business and middle market customers, two sectors that remain vitally important to the U.S. economy," Chairman and CEO Jeffrey M. Peek said in a statement.


Big Paydays for Lehman, Bear
Wall Street Journal, The | 13 hours 7 minutes ago
Bear Stearns Cos. and Lehman Brothers Holdings Inc. executives cashed out nearly $2.5 billion from their firms between 2000 and 2008 even though the financial crisis hammered the shares they held, according to a study set to be released Monday.


Moody's: AIG should be able to repay US loan, preferred stock - MarketWatch
MarketWatch | 13 days 3 hours 26 minutes ago
AIG's shares climbed 3.3% to $37.39 after hours. The stock, which underwent a 1-for-20 reverse split earlier this year, has lost about 14% in the past year.





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2121 Results

Company Overview


Company: Lehman Brothers Inc.
Industry: Large-Market Investment Banking
Website: http://www.lehman.com

O brother, where art thou? If you're asking Lehman Brothers, the answer will undoubtedly be: "Right in the thick of investment banking." The company is the primary operating subsidiary of Lehman Brothers Holdings, historically one of the world's foremost investment banks. However, in September 2008 Lehman's faltered and filed for bankruptcy. The investment banking arm of British banking giant Barclays then agreed to acquire Lehman Brothers Inc., which makes up a majority of Lehman's North American business. Its services include brokerage, mergers and acquisitions and restructuring advice, debt and equity underwriting, market making, debt and equity research, and real estate and private equity investments.


Key Numbers

Sales in U.S. Dollars (mil.) 32.4 (2007)
One-year % Growth in Sales 0.0 (2007)
Net Income in U.S. Dollars (mil.) 0 ()
One-year % Growth in Net Income 0.0 ()
Number of Employees 7,300 (2007)
One-year % Growth in Number of Employees 0.0 (2007)
Fiscal Year-End November