Fun Fact of the Day, September 17,.2018

September 17, 2018

OUT OF BUSINESS - Lehman Brothers, a 158-year old company, was forced to file bankruptcy protection on 9/15/08 (10 years ago) when no "white knight" emerged to rescue the company from its substantial investment in subprime mortgages.  It was (and still is) the largest US bankruptcy ever (source: BTN Research).

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