Abstract
The Lehman Brothers (A) and (B) cases give two different reference frames to ascertain the performance of this global financial services company. The first case presents the company in early 2008 after the release of its 2007 annual accounts and first quarter SEC 10-Q filing. The second case refers to late 2008 after the bank filed for Chapter 11 bankruptcy protection on September 15 as an attempt to present what really happened and thereby explain why things could evolve the way they eventually did.
Lehman Brothers (A) does not reveal anything about the bank’s subsequent demise and thus encourages readers to assess the bank’s financial standing and potential exposures based on public data accessible at the time.
Lehman Brothers (A) does not reveal anything about the bank’s subsequent demise and thus encourages readers to assess the bank’s financial standing and potential exposures based on public data accessible at the time.
Original language | English |
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Publication date | 2024 |
Number of pages | 8 |
Publication status | Published - 2024 |