Just ask the poor UBS clients who were sold Lehman Bros. principal protected notes.
In reality, most asset classes have declined by 30% since the collapse of Lehman Bros. two years ago.
The U.S. bond market could be signaling that it is headed the way of Greece, Ireland, and Lehman Bros.
These were the same people who were buying Lehman Bros. and mortgage lenders stock just before the company collapsed.
C. was being criticized for looking the other way while the likes of Bernie Madoff and Lehman Bros. ran amok.
It is an attempt to make banks less vulnerable to the kind of runs that shattered Northern Rock and Lehman Bros.
Made famous by short-selling Lehman Bros. and Allied Capital, Einhorn has recently targeted Green Mountain Coffee Roasters, Amazon.com and Chipotle.
With the run on Lehman Bros. both Morgan Stanley and Goldman Sachs were in danger of experiencing a run on their accounts.
That one horrendous decision put SIRI in a position such that when the credit markets froze up with the collapse of Lehman Bros.
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The New York office market froze for at least six months following the collapse of Lehman Bros. in September 2008, brokers and landlords say.
As with the contagion effect from the collapse of Lehman Bros.
Mr. Lehman, whose great-grandfather founded the defunct investment firm Lehman Bros.
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Without it, the company was on the verge of bankruptcy after betting against the dollar just months before a major correction in the markets post-Lehman Bros.
Striking September events, such as the 2008 collapse of Lehman Bros. and the 2001 terrorist attacks, are partly responsible for the bad average, but they can't explain the problems entirely.
Net long position of professional traders shrank dramatically over the last three months, down 43% to its smallest level since just after the collapse of Lehman Bros. in 2008. d.
As one banker said to me, it feels a bit like the nerve-wracking weekend in September 2008 when the future of Lehman Bros, the US investment bank, was in the balance.
That shortage of cash played a role in taking Northern Rock to the brink of collapse, made it impossible for HBOS and Royal Bank of Scotland to survive without emergency loans from the Bank of England, and was an important factor in the collapse of Lehman Bros.
The results augur similar fates for other banks that have benefited in the first six months of the year from strong trading, including Lehman Bros. (nyse: LEH - news - people ), Bear Stearns (nyse: BSC - news - people ) and Morgan Stanley (nyse: MS - news - people ), all of which will report in the coming days their fiscal third quarters ending in August.
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