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On September 11, 1844, Henry Lehman arrived in New York City on a boat from Germany. Soon after, he moved to Montgomery, Alabama, where he and his brother Emanuel established a modest cotton brokering firm that would come to be called Lehman Brothers. pOn September 15, 2008, Dick Fuld, the last CEO of Lehman Brothers, filed for corporate bankruptcy amid one of the worst financial crises in American

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On September 11, 1844, Henry Lehman arrived in New York City on a boat from Germany. Soon after, he moved to Montgomery, Alabama, where he and his brother Emanuel established a modest cotton brokering firm that would come to be called Lehman Brothers. pOn September 15, 2008, Dick Fuld, the last CEO of Lehman Brothers, filed for corporate bankruptcy amid one of the worst financial crises in American history. After 164 years, one of the largest and most respected investment banks in the world was gone, leaving everyone wondering, How could this have happened pPeter Chapman, an editor and writer for iThe Financial Timesi, answers this question by exploring the complete history of Lehman Brothers between those two historic Septembers. He takes us back to its early days as a cotton broker in Alabama, and then to its glory days as one of the leading corporate financiers in America. He also provides an intimate portrait of the people who ran Lehman over the decades-from Henry Lehman, the founder, to Bobbie Lehman, who led the company into the world of radio, motion pictures, and air travel in first part of the 20th century, to Dick Fuld, who allowed it to morph into a dealer of shoddy securities. pThroughout his account of this imperiously rich firm, Chapman examines the impact Lehman Brothers had not only on American finance but also on American life. As a major backer of companies like Pan American Airlines, Macy's, and RKO, Lehman helped lead the country into major new industries and helped support some of its most intrepid entrepreneurs. pHe then shows how, starting in the 1980s, Lehman's increased focus on short-term gain investments led the firm down the dangerous path that would eventually lead to its demise. pIn the end, the story of Lehman Brothers is not only the story of a truly important American company but a cautionary tale of what happens when leaders lose sight of their core mission in their quest for something too good to be true. p

543543

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The Keto Diet Breakfast Cookbook for Women Over 50: Super Delicious and Super Easy Recipes to Burn Fat (Attanasio Katie) The Keto Diet Breakfast Cookbook for Women Over 50: Super Delicious and Super Easy Recipes to Burn Fat (Attanasio Katie)

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The Unfathomable Theology of Fishing (Haan Raymond H.) The Unfathomable Theology of Fishing (Haan Raymond H.)

This little congregation of poems begins with fishing and ends with a candle snuffer. Between come encounters with fear and faith, parting and death, friendship and love, dejection and peace. You will encounter a good bit of spiritual sense and just a bit of nonsense. You will read a strange story or two, you will feel the clutch of loneliness and the sting of bereavement, and you will be reminded

Time Matters For Boys & Girls At Home: A Book on Punctuality Packed With Life Values (Stacey Kind) Time Matters For Boys & Girls At Home: A Book on Punctuality Packed With Life Values (Stacey Kind)

pFollow Brenda, Karim Chloe through their day at home valuing punctuality, where your child will learn the real value of respecting the time and how easy it really can be to be punctual ppFrom being thoughtful about time to including everyone in the act of punctuality - this value-packed book for children shows that no act of punctuality, no matter how small, is ever wasted.ppAn array of lightbulb

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The Corseted Skeleton: A Bioarchaeology of Binding (Gibson Rebecca) The Corseted Skeleton: A Bioarchaeology of Binding (Gibson Rebecca)

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The Letters of Mozart & His Family Volume - III (Anderson Emily) The Letters of Mozart & His Family Volume - III (Anderson Emily)

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Magnet Man (Holland Ros) Magnet Man (Holland Ros)

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Critical Care Eeg Basics: Rapid Bedside Eeg Reading for Acute Care Providers (Jadeja Neville M.) Critical Care Eeg Basics: Rapid Bedside Eeg Reading for Acute Care Providers (Jadeja Neville M.)

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A Thirst for Murder (Koons C. R.) A Thirst for Murder (Koons C. R.)

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Bought: God\'s direction for spending, saving, giving, investing and getting out of debt. (Lloydbottom Mark) Bought: God's direction for spending, saving, giving, investing and getting out of debt. (Lloydbottom Mark)

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Lean Culture for the Construction Industry: Building Responsible and Committed Project Teams, Second Edition (Santorella Gary) Lean Culture for the Construction Industry: Building Responsible and Committed Project Teams, Second Edition (Santorella Gary)

pMany of the struggles that we are currently experiencing when attempting to implement Lean in the construction environment are the direct result of applying Lean tools out of proper context. Understanding Lean as an overall operating system will help to avert this all too common pitfall. ppAn in-depth exploration of the application of Lean initiatives in the construction industry, bLean Culture for

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So You\'Re the Creator (Retzer Patricia Louise) So You'Re the Creator (Retzer Patricia Louise)

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NLP Made Easy: How to Use Neuro-Linguistic Programming to Change Your Life (Campbell Ali) NLP Made Easy: How to Use Neuro-Linguistic Programming to Change Your Life (Campbell Ali)

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Topics in the Theory of Random Noise [Volume One] (Stratonovich R. L.) Topics in the Theory of Random Noise [Volume One] (Stratonovich R. L.)

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