Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy early Monday morning and said it will slowly wind down its operations after being in business for 158 years.
At $639 billion, Lehman's is the largest bankruptcy filing in U.S. history--easily surpassing the Enron and WorldCom collapses combined.
Lehman filed for Chapter 11 bankruptcy protection with the U.S. Bankruptcy Court of the Southern District of New York. The company's broker-dealer subsidiary and other parts of Lehman was not in the filing.
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Ratcliffe Confirmed as CIA Director, 74-25; John Brennan and His Media
Allies Whine About His Cancelled Security Clearance
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Ratcliffe, one of the brave heroes who exposed the RussiaGate Hoax, has
been confirmed. Trump is meanwhile asking questions of "career civil
servants" on t...
10 hours ago
