DESK 2 — FILE OPEN
FOLDER L-0915CASE #2008-0915SHELF 4 / ROW C
CLOSED
BUREAU OF COMMERCIAL DEATHS
DIVISION OF COLD CASES / FORM 41-D / DEATH OF A GOING CONCERN
CASE NUMBER
CASE #2008-0915
SUBJECT
LEHMAN BROTHERS HOLDINGS
DATE OPENED
1850 — Montgomery, Alabama
DATE CLOSED
September 15, 2008
KNOWN ALIASES
LEH (NYSE)
INVESTIGATOR
Det. Redact
CAUSE OF DEATH
Leverage of thirty-one to one, met with a decline in the price of houses.
PEAK VALUATION
$60,000,000,000 (February 2007)
ASSETS RECOVERED
$639,000,000,000 in assets, contested for fourteen years
CLASSIFICATION — MARK ONE
FRAUD
✕NEGLIGENCE
HUBRIS
MARKET FORCES
UNKNOWN
EVIDENCE SUMMARY
Subject was 158 years old at time of death. Subject had survived two world wars, the Depression, and a fire.
Attending institutions were assembled over a weekend and declined to intervene. No buyer was located by Monday.
Death was subsequently described by officials as instructive.
Remainder of statement sealed:
FILED BY Det. Redact · BADGE 0001NO FURTHER ACTION AUTHORIZED
PROPERTY OF THE BUREAUDO NOT REMOVE FROM ROOM 0114
MARGIN NOTE — INVESTIGATING OFFICER
158 years, then one weekend. I keep the timeline on the wall. It is 72 hours long.
Nobody bought it. Somebody almost did.
EVIDENCE TAG
ITEM L-0915
SUBJECT LEHMAN BROTHERS HOLDINGS
RECEIVED 2008
CONDITION AS FOUND
SUBJECT LEHMAN BROTHERS HOLDINGS
RECEIVED 2008
CONDITION AS FOUND