Last Hours As Lehman Brothers Were A Time For Drinking, Smoking, Watching In Amazement As Pairs Of Shoes Emerged From Under Women's Desks Like Out Of A Clown Car

Author:
Updated:
Original:

"Sometime around Sunday, 4 o’clock or 5 o’clock, we started getting e-mails saying the deal is dead: no Barclays. We’re gonna file. And that’s where the panic reached a peak. If the bank was going to file for bankruptcy, we wouldn’t be able to enter the building on Monday morning. That’s really the reason everybody headed back to 745 Seventh Ave.: to collect whatever personal items they might have. The trading floor was packed, but people were not working. Some were crying. Some were drinking beer. Some were doing shots of tequila. Most of them were smoking. There was total chaos. I just saw a lot of people packing boxes, taking pictures of their families, clients’ business cards. The girls were just packing boxes and boxes of shoes. I discovered that most females tend to have multiple pairs of shoes under their desks. I had no idea until that day." [BusinessWeek]

Related