Tuesday, Sep. 16, 2008

Lehman Brothers Holdings Inc.


At least $639 billion in pre-filing assets

It's official: Lehman Brothers filed the largest bankruptcy case in history on Monday, Sept. 15, as the storied investment bank fell prey to the credit crisis. According to Bankruptcydata.com, Lehman's assets before filing for bankruptcy were six to seven times the pre-filing assets of the second largest bankruptcy since 1980.