Lehman brothers 2008 annual report

The Committee held a hearing to examine the regulatory mistakes and financial excesses that led to the bankruptcy filing by Lehman Brothers. The hearing was held at 10:00 a.m. on October 6, 2008, in Rayburn House Office Building room 2154. Video provided by the U.S. House of Representatives. On January 29, 2008, Lehman Brothers Holdings Inc. (?LBHI?) reported record revenues of nearly $60 billion and record earnings in excess of $4 billion for its fiscal year ending November 30, 2007. During January 2008, Lehman's stock traded as high as $65.73 per share and averaged in the high to Can you remember what you were doing when you heard the news on Monday, 15 September 2008? Possibly not. The collapse of an investment bank does not burn itself into the collective consciousness in the way that the assassination of a President does, or the death of a princess.