About the Book
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 32. Chapters: Lehman Brothers, Barclays, Kuhn, Loeb & Co., Barclaycard, Absa Group, Barclays Bank, Martins Bank, Hugh "Skip" McGee III, Scottish Open, Patience Wheatcroft, Baroness Wheatcroft, Robert Diamond, Gurney's Bank, Gold fixing, Lombard Street, London, One Churchill Place, John Silvester Varley, The Woolwich, Crossroads Group, Andrew Likierman, Matthew Barrett, Richard Broadbent, Agility Trains, Barclays Capital, Michael Rake, University Partnership Programme, Marcus Agius, John Sunderland, Lock, Hulme & Co., Anglo-Egyptian Bank, Barclays Wealth, Barclays Private Equity, Blake Grossman, Barclays Bank Canada, Juniper Bank, Backhouse's Bank, Leigh Clifford, Barclays Bank Mauritius. Excerpt: Lehman Brothers Holdings Inc. (former NYSE ticker symbol LEH) (pronounced ) was a global financial services firm. Before declaring bankruptcy in 2008, Lehman was the fourth largest investment bank in the USA (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), market research, investment management, private equity, and private banking. On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, and devaluation of its assets by credit rating agencies. The filing marked the largest bankruptcy in U.S. history, and is thought to have played a major role in the unfolding of the late-2000s global financial crisis. The following day, Barclays announced its agreement to purchase, subject to regulatory approval, Lehman's North American investment-banking and trading divisions along with its New York headquarters building. On September 20, 2008, a revised version of that agreement was approved by US Bankruptcy Court Judge James...
