When did Lehman Brothers start?

When did Lehman Brothers start? What led to Lehman Brothers collapse? In 2008, Lehman faced an unprecedented loss due to the continuing subprime mortgage crisis. Lehman’s loss resulted from having held onto large positions in subprime and other lower-rated mortgage tranches when securitizing the underlying mortgages. Does Lehman Brothers still exist? As part of the … Continue reading When did Lehman Brothers start?