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What happens to my shearson lehman stocks now that they have declared bankruptcy?
Wiki User
∙ 12y ago
I woud lassume the outcome or value o fthe stock woudl be exactly the same as the value of others that have gone this way like Enron, Worldcom just to name a few. The value is zero, but it is a write off on taxes (max 3k year if not offset by gains)
Wiki User
∙ 12y ago
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What was Lehman Brothers relationship with American Express?
Shearson/American Express acquired Lehman Brothers in 1984; six years later Shearson Lehman Brothers split its operations into a Shearson retail division and a Lehman Brothers Investing banking/trading division.1990
When did shearson lehman hutton mortgage corporation become ge capital mortgage services?
Shearson Lehman was acquired by GE Capital Mortgage effective September 1, 1993.
What is the Lehman crash?
bankruptcy of lehman brother
Who purchased EF Hutton Stock Broker?
The Shearson Lehman Brothers purchased the former stock company E.F. Hutton in 1988 after the stock market crashed in 1987.
Does company name E F Hutton still exist?
Not anymore. E. F. Hutton used to be one of the most highly respected brokerages in the world. They now belong to Citigroup.Another answerEF Hutton is an active financial company. The firm returned to the market in in 2012. The leadership team includes the grandson of the founder, Edward F. Hutton, and former executives from the time when the firm was last active in the market. In 1988 it was acquired by Shearson Lehman, a unit of American Express, and became Shearson Lehman Hutton. Eventually the firm became a part of Citigroup.
What was Lehman Brothers relationship with American Express?
Shearson/American Express acquired Lehman Brothers in 1984; six years later Shearson Lehman Brothers split its operations into a Shearson retail division and a Lehman Brothers Investing banking/trading division.1990
When did shearson lehman hutton mortgage corporation become ge capital mortgage services?
Shearson Lehman was acquired by GE Capital Mortgage effective September 1, 1993.
What is the Lehman crash?
bankruptcy of lehman brother
What is the crash?
bankruptcy of lehman brother
What are the remedies that are being implemented to save Lehman brothers from bankruptcy?
None. It is in bankruptcy.
Who purchased EF Hutton Stock Broker?
The Shearson Lehman Brothers purchased the former stock company E.F. Hutton in 1988 after the stock market crashed in 1987.
What is a Lehman crash?
Its what happens when the German Goalkeeper Jens Lehman has a crash.
What is the largest bankruptcy in American history?
Lehman Brothers HoldingsDate of bankruptcy filing: 09/15/08Assets: $691 billion
Has lehman bros bankruptcy hearing been scheduled?
It has had many, many hearings...virtually daily.
What is the ticker symbol for Lehman Brothers?
The ticker symbol for Lehman Brothers Holding Incorporated was LEH but the company no longer exists after it was forced into bankruptcy during the financial crisis of 2008.
When did Lehman Brothers file for Bankruptcy?
Lehman Brothers filed for bankruptcy on September 15, 2008 after it could no longer function during the credit crisis of 2008. Other victims of the financial industry downturn have included Indymac, Bear Sterns, Fannie Mae, and Freddie Mac.
Does company name E F Hutton still exist?
Not anymore. E. F. Hutton used to be one of the most highly respected brokerages in the world. They now belong to Citigroup.Another answerEF Hutton is an active financial company. The firm returned to the market in in 2012. The leadership team includes the grandson of the founder, Edward F. Hutton, and former executives from the time when the firm was last active in the market. In 1988 it was acquired by Shearson Lehman, a unit of American Express, and became Shearson Lehman Hutton. Eventually the firm became a part of Citigroup.
