LEHMQ-Lehman Brothers Holdings Inc. - Banking

[drozhenbane]

anyone playin this?

In at .15

Any thoughts?

BUSINESS SUMMARY
Lehman Brothers Holdings, Inc. provides financial services to corporations, governments and municipalities, and institutional customers worldwide. It offers an array of equities and fixed income sales, trading, and research; investment banking services; and investment management and advisory services. The company operates through three segments: Investment Banking, Capital Markets, and Investment Management. The Investment Banking segment provides advice on mergers, acquisitions, and other financial matters. It also raises capital for clients by underwriting public and private offerings of debt and equity securities. The Capital Markets segment represents institutional customer flow activities, including prime brokerage, research, and secondary-trading, and financing activities in fixed income and equity products. Its equity and fixed income products include U.S., European, and Asian equities; government and agency securities; money market products; corporate high grade securities; high yield and emerging market securities; mortgage- and asset-backed securities; preferred stock; municipal securities; bank loans; foreign exchange; and financing and derivative products. This segment also invests in real estate and private equity. The Investment Management segment consists of private investment management, which provides investment, wealth advisory, and capital markets execution services; and asset management that offers asset management products across traditional and alternative asset classes through various distribution channels. The company operates in North America, Europe, the Middle East, Latin America, and the Asia Pacific region. Lehman Brothers Holdings was co-founded by Henry Lehman, Emanuel, and Mayer Lehman in 1850 and is headquartered in New York City.


Float: 663.44M

Income Statement
Revenue (ttm): 4.33B
Revenue Per Share (ttm): 7.375
Qtrly Revenue Growth (yoy): N/A
Gross Profit (ttm): 57.68B
EBITDA (ttm): N/A
Net Income Avl to Common (ttm): -5.63B
Diluted EPS (ttm): -9.595
Qtrly Earnings Growth (yoy): N/A


Balance Sheet
Total Cash (mrq): 540.45B
Total Cash Per Share (mrq): 784.395
Total Debt (mrq): 371.41B
Total Debt/Equity (mrq): 14.135
Current Ratio (mrq): N/A
Book Value Per Share (mrq): 34.888


Cash Flow Statement
Operating Cash Flow (ttm): N/A
Levered Free Cash Flow (ttm): N/A

[greencat]

Richard S. Fuld Jr., chief executive officer of the now bankrupt Lehman Brothers, earned $354 million over five years

[thinksnow]

Check the thread in the nasdaq forum and cash out while the getting is good.

[sg1efc]

Originally Posted by greencat

Richard S. Fuld Jr., chief executive officer of the now bankrupt Lehman Brothers, earned $354 million over five years

I think 'someone' should go after him to get that money back. The word "earned" is a completely incorrect word to use, isn't it? Hopefully that 'someone' will be the F.B.I.

[thinksnow]

Originally Posted by sg1efc

The word "earned" is a completely incorrect word to use, isn't it?

What, you don't think ~$200,000/day for five years is fair? $25,000/hour is almost minimum wage (for company-crashing CEO's) these days!

[Evil-Eye]

Originally Posted by sg1efc

I think 'someone' should go after him to get that money back. The word "earned" is a completely incorrect word to use, isn't it? Hopefully that 'someone' will be the F.B.I.

It will take the FBI about 3 years for them to bring this to trial if they ever. I just went to court for motions on a 2005 case they have and it is not in for trial until December.

[sg1efc]

Originally Posted by Evil-Eye

It will take the FBI about 3 years for them to bring this to trial if they ever.

Definitely not holding my breath about this ever even being fully investigated, let alone those responsible ever being held accountable.

[Evil-Eye]

Originally Posted by sg1efc

Definitely not holding my breath about this ever even being fully investigated, let alone those responsible ever being held accountable.

They are investigating this but I am not sure on what violation of the USC.

[drozhenbane]

Yeah I had seen the golden parachute they gave the CEO, The CFO was forced out 3 months prior. I am out for now, think im gonna watch from a distance as the radiation level drops, from the recent nukes we used to call a financial sector.

[Aufan 1983]

Originally Posted by drozhenbane

Yeah I had seen the golden parachute they gave the CEO, The CFO was forced out 3 months prior. I am out for now, think im gonna watch from a distance as the radiation level drops, from the recent nukes we used to call a financial sector.

Good idea. Something to keep in mind if you start to buy back is that in the rare event that Lehman should ever emerge from BK these shares will be canceled and new shares will be issued leaving the current holders out in the cold.

I have played a few BK stocks and actually made nice money on a couple but when you think about it, why do they even trade these stocks?