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Lehman Brothers, a bank founded in 1847 and the very epitome of investment bank, went out of business and was not bailed out due to the 2008 events.
by kasey_junk 5y ago
Lehman Brothers, a bank founded in 1847 and the very epitome of investment bank, went out of business and was not bailed out due to the 2008 events.
- cm2187 5y agoNor was it a bank. It was a broker dealer, no banking license.
- missedthecue 5y agoWachovia went under. So did Bear Stearns and WaMu.