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LEHMAN BROTHERS Definition & Legal Meaning

Definition & Citations:

Founded in 1850 by Henry Lehman, Emmanuel Lehman and Mayer Lehman. Worldwide financial services firm. Investment and financial services experts. Forced to file bankruptcy during the financial crisis of 2008 as one of the many financial firms forced to do so. In the history of the United States, Lehman’s Chapter 11 bankruptcy filing stands as one of the largest.


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