Lehman Brothers Inc. was the U.S. broker-dealer within the Lehman group, legally distinct from parent Lehman Brothers Holdings Inc.
The SEC’s September 2008 statement separately addressed broker-dealer customer assets and the holding company’s bankruptcy. The directory keeps those entities distinct rather than assigning all Lehman proceedings to the parent.
Lehman Brothers’ bankruptcy joined deteriorating real-estate exposures, a leveraged balance sheet and vanishing counterparty confidence. Repo 105 obscured reported leverage, while the collapse exposed the difference between a global financial group and the separate legal entities through which it operated.
Policy & official records
Curated library records that name Lehman Brothers Inc. or connect through its linked research. The official source provides full scope and status.
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