DIGIT-ARC read-only archive · snapshot: July 23, 2026

DIGIT-ARC / News / Random News

Lehman Brothers Bankrupt ??

13 posts · originally from https://geek.digit.in/community/threads/lehman-brothers-bankrupt.97732/

P
pradeeocitm62 Original post #1
Sep 15, 2008 at 1:26 PM
Source : Rediff


Lehman Brothers Holdings Inc. will file for bankruptcy after Barclays and Bank of America abandoned talks to buy the company.

The global investment bank will file a Chapter 11 Bankruptcy petition. A press release by the company said Lehman Brothers' US subsidiaries or affiliates, including its broker-dealer and investment management subsidiaries, are not included in the filing.

Detailed Link :- *www.rediff.com/money/2008/sep/15leh.htm
freshseasons
freshseasons #2
Sep 15, 2008 at 10:46 PM
...........and the bloodbath at the sensex and equity markets continues all over...
sigh.!
A
apoorva84 #3
Sep 16, 2008 at 2:20 AM
sad news..my friend who is doing his MS in Rochester university in USA recently did his internship in this company...
K
karmanya #4
Sep 16, 2008 at 2:29 PM
Wow, saw this on CNN this morning. Wonder how wall street will react.
This and the Merryl-Lynch BOA merging should seriously rattle them.
J
jamifahad #5
Sep 16, 2008 at 2:48 PM
..AND now AIG. What is happening to the market?? Credit crunches. where are all dese huge money going?? Maybe political connection
BBThumbHealer
BBThumbHealer #6
Sep 16, 2008 at 4:53 PM
Markets Plunge Badly ! :(
Pathik
Pathik #8
Sep 16, 2008 at 5:11 PM
Markets recovered slightly. Just 12 pts in red.
I
ImAClown #9
Sep 16, 2008 at 6:13 PM
no more spam please
red_devil
red_devil #10
Sep 16, 2008 at 6:26 PM
BAD BAD NEWS !!

it'll mean the Indian IT sector gets a bad hit !! DAMN !! :(
The_Devil_Himself
The_Devil_Himself #12
Sep 16, 2008 at 8:21 PM
^^Indian companies dealing extensively with US ones are bound to be affected badly.
Pathik
Pathik #13
Sep 16, 2008 at 8:35 PM
Most of their backend and software stuff was done by HCL, Infy and TCS. Hence so.