Lehman Brothers Holdings Inc. (Pink Sheets: LEHMQ, former NYSE ticker symbol LEH) was a global financial-services firm which, until declaring bankruptcy in 2008, participated in business in investment banking, equity and fixed-income sales, research and trading, investment management, private equity, and private banking. It was a primary dealer in the U.S. Treasury securities market. Its primary subsidiaries included Lehman Brothers Inc., Neuberger Berman Inc., Aurora Loan Services, Inc., SIB Mortgage Corporation, Lehman Brothers Bank, FSB, Eagle Energy Partners, and the Crossroads Group. The firm's worldwide headquarters were in New York City, with regional headquarters in London and Tokyo, as well as offices located throughout the world. Lehman Brothers, founded in 1850, operated in the financial services industry. However, it filed for bankruptcy in 2008. This led to a significant impact on the global financial system, making it one of the largest bankruptcy filing in history, and triggering the financial crisis of 2008. The company's downfall has been the subject of extensive analysis and scrutiny by experts, regulators, and investors. Overall, Lehman Brothers' history and eventual bankruptcy serve as a cautionary tale for the financial industry, highlighting the potential risks and complexities involved in the global financial ecosystem.
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