Business
Lehman Brothers Holdings Inc. bought six hotels and a stake in the Summerfield Suites brand from Wyndham International Inc. for $105 million.
Dec. 24, 2004
Shearson Lehman Hutton Inc., the nation’s second-largest securities firm, will reorganize by splitting its investment banking business and large retail brokerage operation, company sources confirmed today.
May 18, 1990
Lehman Bros. sues Nationsfirst Lending
Nov. 17, 2010
Lehman Brothers Holdings Inc. said it planned to sell about $8 million of artworks warehoused in New York and Paris to help pay creditors.
Nov. 14, 2008
California
County supervisors today will consider hiring nearly 20 financial underwriters and attorneys to handle future bond sales, including two firms criticized for their part in Orange County’s 1994 bankruptcy.
Aug. 5, 1997
Lehman Bros.
June 1, 2007
Lehman Brothers Holdings Inc., the fourth-largest U.S. securities firm, said it would pay Chairman and Chief Executive Richard Fuld an extra $188 million over the next 10 years.
Dec. 7, 2006
Wall Street’s top securities houses, taking a cue from a $1-billion offer by Goldman Sachs & Co. to help ailing mutual funds, said today they have the financial muscle to handle the stock market’s massive decline.
Oct. 20, 1987
It’s ironic that, as the mortgage crisis pushed Lehman Bros.
Sept. 18, 2008
Beginning in the mid-1800s, the banking family pumped up the economy of the city and the state -- and more than once.