The Collapse of Lehman Brothers

In eight months in 2008, Lehman Brothers went from having record earnings of over $4 billion to filing the largest bankruptcy case in history with $700 billion in liabilities.  Lehman’s collapse is a story of failed management, ineffective regulation, and missed opportunities.  Anton Valukas, the court-appointed Examiner and author of the 2200-page report describing the events leading to Lehman’s bankruptcy, will discuss the causes of Lehman’s historic collapse and its aftermath. 

Excerpts from the Examiner’s Report are attached below and the entire Examiner’s Report is available here.