Lehman

Selling my IBD materials and accumulated materials from friends. Included are Lehman, Citi, Brown Brothers training materials and Bear Stearns models. It is 400+ pages of info and 20+ models, great reference guides to refer back to.

Summary of the information: Financial Analysis, Pro-forma modeling, Valuation (Comps/DCF), LBO, M&A, VC Financing Model and Associate M&A Training

Cost is $150, call me at 610-703-1749 if interested.

http://news.hereisthecity.com/news/business_news/10294.cntns

Yeah... Looks like an April Fool's joke because of the date of the article (and the ending makes it obvious). But it was fun reading anyway:

52-year-old April Duper, from Queens, falsely claims she is an illegitimate granddaughter of Herbert Lehman, one of the three founders of modern Lehman Brothers. Attending court in her Lehman scarf and cuff links (which she proudly told the judge she bought by the box load off eBay), Ms Duper confirmed that she 'cracked' when her dinner guest said something derogatory about Fuld. 'I do not love him', she said coyly, 'But he is a handsome devil, don't you think ?'. The judge did not respond.

'And do you still go to the Lehman building ?'.

'No', Ms Duper replied frostily, 'I used to go there and just stare at it. That Lehman signage really did it for me. I have thousands of photos of that building. Dick Fuld even bumped into me on his way out once'.

'And did he stop to speak to you ?'.

'Yes', Ms Duper said proudly.

'What did he say ?'

'He kind of growled: 'Get the f..k out out the way!' And he touched me!'.

'He touched you ?'

This wonderful story was happened at Lehman Brothers company. Before when world economy was collapsed.

http://knol.google.com/k/alex-belov/what-killed-lehman/1xmqm1l0s4ys/16#

This gives a clue what killed Lehman Brothers company.

Please read it.

I think it's about time Lehman and Merrill get taken out of the BB list on the site FAQ...just saying.

Or we could add Salomon Brothers.

Hey guys,

Just curious, whatever happen to undergrad Lehman Summer Analysts from 08', how many got offers for FT, and were they picked up by Barclays?

Thanks...

UBS AG was voted Europe’s top brokerage for equity research for a ninth straight year in a poll for Institutional Investor magazine. Nomura Holdings Inc., JPMorgan Chase & Co. and Credit Suisse Group AG tied for second.

A total of 28 analyst teams at Zurich-based UBS were voted among the best researchers in the region, the publication said on its Web site today. Nomura, which jumped from eighth place, JPMorgan and Credit Suisse each had 22 favorably ranked teams.

The changing positions reflect upheavals in the industry, with banks purchasing rivals and analysts switching employers as bonuses were slashed. Europe’s Dow Jones Stoxx 600 Index surged 61 percent from March 9 to Dec. 31, pushing the gauge to its biggest annual gain in a decade.

Tokyo-based Nomura, which bought Lehman Brothers Holdings Inc.’s European operations after the U.S. bank’s bankruptcy in 2008, lured the largest number of new votes after poaching analysts from brokerages including Dresdner Kleinwort, Citigroup Inc. and Bank of America Corp.’s Merrill Lynch unit.

In his new book, "On the Brink", former Treasury Secretary Hank Paulson blames the British Financial Services Authority for not allowing Barclays to buy Lehman in its dying moments.

He writes:

Alistair Darling, Paulson's counterpart across the pond, claimed that the deal was disapproved because the risk of taking on Lehman was far too great for the British government, and because they didn't want to pass on that risk to their taxpayers.

Hi I wanted to ask you about which banks emerged as the biggest winners of the last 2 3 yrs? downturn + what-looks-like a recovery period?

And which major companies / industries have according to you had a great credit crunch??

PS: Don't think that GS is the obvious answer because it was not far behind John Mack's MS at some point and was termed as 'human' by the WSJ! :p

We all know about Lehman and Bear and how they collapsed. But probably most people who are just graduating or just started working don't really know what was "FEELING" of saying "I got an offer from Lehman" or "I work at Bear" in 2004, 2005. We were just starting college in those years and we didn't know as much abotu finance, banks and rankings as we know now.
So the question is: for those of you who graduated more than two or three years ago, how prestigious was to work for Lehman or Bear before they collapsed? If you had to compare the "prestige feeling" of working/getting an offer from these two banks to the "prestige feeling" of working/getting an offer in one of today's banks, to which bank would you compare it? Or how would you describe it?

Does anybody have any opinion on whether the old Lehman Sponsor coverage team was any good? (pre the BarCap takeover)