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Lehman Brothers
Lehman Brothers Holdings Inc.
(former
NYSE
ticker symbol
LEH
) was a global
financial services
firm. Before
declaring bankruptcy
in 2008, Lehman was the fourth-largest
investment bank
in the United States (behind
Goldman Sachs
,
Morgan Stanley
, and
Merrill Lynch
), doing business in investment banking,
equity
and
fixed-income
sales and
trading
(especially U.S.
Treasury securities
), research,
investment management
,
private equity
, and
private banking
. Lehman was operational for 158 years from its founding in 1850 until 2008.
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