Lehman Brothers

I see that Lehman Brothers' website is still claiming that:

"Lehman Brothers, an innovator in global finance, serves the financial needs of corporations, governments and municipalities, institutional clients, and high net worth individuals worldwide. We maintain leadership positions in equity and fixed income sales, trading and research, investment banking and investment management."

Maybe their positions were not as well taken as they thought?


As a matter of interest, on Equities they say:

"Lehman Brothers, an innovator in global finance, serves the financial needs of corporations, governments and municipalities, institutional clients, and high net worth individuals worldwide. We maintain leadership positions in equity and fixed income sales, trading and research, investment banking and investment management."

Whilst on Investment Banking they say:

"As a trusted partner, we provide comprehensive financial advisory, capital raising and risk management services to corporations and governments worldwide. Extending our global presence and capabilities, we continue to develop innovative and tailored solutions to deliver the full resources of our Firm to our clients."