Lehman Brothers

Lehman Brothers

Expert Issues Gloomy Report On Anniversary Of Lehman Brothers Collapse

Sunday marked the fifth anniversary of the collapse of the Lehman Brothers investment bank collapse, and one expert said the situation has not really improved.


The Ernst & Young building in Times Square - New York, NY - Dec 20, 2010 - AP Photo/Richard Drew

Ernst & Young May Be Charged In Lehman Collapse

Accounting firm Ernst & Young LLC may face civil fraud charges in New York for its alleged role in the demise of Lehman Brothers, according to a report.


Auctioneer Tobias Meyer auctions off Robert Longo's  "Untitled (November 2)" and other art from Lehman Brothers' collection at Sotheby's on September 25, 2010 in New York City. (Photo by Michael Nagle/Getty Images)

Lehman Brothers Art Auctioned Off In NYC

An auction of contemporary artworks held by failed investment firm Lehman Brothers and its former subsidiary, Neuberger Berman, brought in nearly $12.3 million Saturday, according to Sotheby’s.