The Fall Of Lehman Brothers, In Pictures
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I know we don’t normally post information on finance or business stuff but I felt compelled to address the Lehman Brothers situation. I figured I’d go to a source to share some information on what happened. This article is from Bankersball.com
The Lehman Collapse: In Pictures
By BankersBall on Sep 14, 2008 in Cube Life
A frenzied weekend in pictures.
Late Sunday, reports emerged that lawyers are preparing bankruptcy filings after failed rescue talks with Bank of America and Barclays. While not final, several media outlets were reporting that the firm could file for bankruptcy before Monday morning.
Lehman, which has approximately 25,000 employees worldwide, has already laid off 3,000 employees in the past year, according to the WSJ. Approximately 10,000 – 12,000 Lehman employees are based out of NYC according to the NYPost.
- Shot of workers lined up with their backs facing the window in the Canary Wharf office, published by the WSJ (and much larger in the print edition)
- Two employees hugging with stuffed tote-bags outside a NY Lehman office on Sunday, Sept 14, via Bloomberg
- Several employees carrying boxes out of Lehman’s NY offices, via NYT
- Shot of employee leaving a NYC office carrying a box of his belongings on Sunday, September 14, via WSJ
- Steven Black, Vikram Pandit and Robert Wolf arriving at the Fed for emergency talks, via Bloomberg
- Vikram Pandit and John Thain leaving the Fed, via WaPo
