Lehman Selling Assets

Author:
Updated:
Original:

Lehman Brothers Holdings, which you might've heard is in need of a little cash, is planning on selling at least $8 million worth of art that once graced the halls of 745. The bankrupt holding company is also rumored to be shopping interest for torn up rugs from the c-suite, the ugly green suit that got Joe Gregory fired, and the leather belt they used to have Erin Callan chew on in anticipation of her conference calls with David Einhorn. It's unfortunate that the most valuable asset once owned by the bank, the ID badge that belonged to guard dog Bella, has already been sold, but what can you do? Meanwhile, Cityfile reports that the art Dick and Kathy Fuld sold to Christie's for a $20 million guarantee, will be auctioned off tonight.
Lehman seeks to sell its art collection [Reuters]
The Fulds' Art Goes Under the Hammer [Cityfile]

Related