Lehman Reported

Some articles on lehman:

Lehman Brothers - Collapse - Causes - Subprime Mortgage Crisis
... Lehman said that poor market conditions in the mortgage space "necessitated a substantial reduction in its resources and capacity in the subprime space" ... In 2008, Lehman faced an unprecedented loss to the continuing subprime mortgage crisis ... Lehman's loss was a result of having held on to large positions in subprime and other lower-rated mortgage tranches when securitizing the underlying mortgages whether Lehman did this because it was simply ...
Bankruptcy Of Lehman Brothers - Background - Lehman's Final Months
... In 2008, Lehman faced an unprecedented loss due to the continuing subprime mortgage crisis ... Lehman's loss was apparently a result of having held on to large positions in subprime and other lower-rated mortgage tranches when securitizing the underlying mortgages ... Whether Lehman did this because it was simply unable to sell the lower-rated bonds, or made a conscious decision to hold them, is unclear ...

Famous quotes containing the words reported and/or lehman:

    It is reported here that the King of Prussia has gone mad and has been locked up. There would be nothing bad about that: at least that might of his would no longer be a menace, and you could breathe freely for a while. I much prefer madmen who are locked up to those who are not.
    Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)

    I’m Friedrich. I’m fourteen. I’m impossible.
    —Ernest Lehman (b. 1920)