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Which Lehman Brothers Have Money Left For Sentimental Tchotchkes?

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"A metal sign — this one commemorating the opening of the London headquarters in 2004 by Gordon Brown, who was the chancellor of the exchequer at the time — was expected to bring up to £1,500. But it sold for £28,750 ($45,466) to another anonymous bidder on the telephone. Also for sale was a sign with Lehman Brothers’ mission statement. It read, “We are one firm defined by our unwavering commitment to our clients, our shareholders and each other.” That, together with another Lehman sign, sold for £13,750, or $21,744."

Lehman Memories Sold Off Piece By Piece At Auction [NYT]


Remember When: Lehman Brothers Was In A Position To Tell Korea Development Bank To Suck It?

Those were the days. Related: Korea Development Bank Ends Talks For Stake in Lehman (September 10, 2008) Earlier: "The Bros Always Wins"

Dick Fuld: "The Bros Always Wins"

As previously mentioned, if one were inclined to relive the fall of Lehman Brothers, one could do so via the bankruptcy documents that were recently made available online. There you'll find, among other things, countless examples of what has been said so many times since September 15, 2008, which is that it's amazing how delusional the people at the very top were, vis-à-vis the firm's solvency/what people thought of it/everything. Also worth marveling at? The fact that Lehman lasted as long as it did with what appear to be barely literate troglodytes running the place. [The following dialogue is re: CITIC considering an investment in a US bank and the suggestion that it is more interested in Bear Stearns.]