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Lehman Brothers' Fall
Ram Kumar Kakani; Vasudha Singhania; Martin StackCase IVEY-9B12B005-EAccounting and Control, Finance, StrategyThis case describes the financial undertakings of Lehman Brothers Inc., which was once the fourth-largest investment bank in the world. On September 15, 2008, less than a year after the bank presented its largest profit ever, the world watched its decline. In terms of size of assets, Lehman is considered the largest bankruptcy in history, with assets totaling US$639 billion and liabilities of US$613 billion. The U.S. credit crisis had uprooted th...Starting at €8.20