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Lehman Brothers Holdings Inc. was regulated as a financial services firm while it was operational, subject to oversight by the Securities and Exchange Commission (SEC) and other regulatory bodies. However, the firm filed for bankruptcy in September 2008, which marked one of the largest bankruptcies in U.S. history. Following the bankruptcy, the company's operations ceased, and it is no longer a regulated entity. The remnants of its assets are now managed by Lehman Brothers' bankruptcy estate under the supervision of the courts.
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What has the Lehman Brothers Holdings Inc got to do with the credit recession?
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When The Hayden stone corporation was bought by the Shearson Lehman Brothers Holdings Inc who was intitled to pay for the stock?
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Who owns Lehman brothers?
On September 22, 2008, Nomura Holdings announced that it had agreed to acquire Lehman Brothers' franchise in the Asia Pacific region, including Japan, Hong Kong and Australia.[12] The following day, Nomura announced its intention to acquire Lehman Brothers' investment banking and equities businesses in Europe and the Middle East. The deal became effective on Monday, 13 October.[13] In 2007, non-U.S. subsidiaries of Lehman Brothers were responsible for over 50% of global revenue produced.[14]In October 2008 Japanese financial services company Nomura Holdings stepped in and acquired three Mumbai, India based divisions of Lehman Brothers that provided back office and IT operations. Nomura also acquired the Asia Pacific division of Lehman Brothers as the US banking giant was carved up by rivals. [15]Lehman Brothers' Investment Management business, including Neuberger Berman, was sold to its management on December 3, 2008. Creditors of Lehman Brothers Holdings Inc. retain a 49% common equity interest in the firm, now known as Neuberger Investment Management.[From: http://www.sourcewatch.org/index.php?title=Lehman_Brothers
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