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Lehman Brothers Holdings
From Knowmore.org
This company has received a positive rating.
Lehman Brothers Holdings
745 7th Ave. New York NY USA
10019
212-526-7000
http://www.lehman.com
Type:
One of the top bulge-bracket firms, Lehman Brothers is perennially among the industry leaders in mergers and acquisition advice, debt and equity underwriting, and global finance. Capital markets activities (by far its largest segment) entail institutional brokerage, market making, equity and debt research, securities lending, and mortgage banking. Investment banking provides advisory services and underwriting of debt and equity instruments. The investment management segment includes private banking, trust services, private equity, and money manager Neuberger Berman; oversees some $282 billion for clients.
Contents |
[edit] Criticism
[edit] Business Ethics
- Pitt News: Univeristy of Pittsburgh shouldn't lend its name to prison privatization: "Private prisons have been publicly scrutinized over the years because of well-publicized breakdowns in places like Kit Carson, Colo., where the Department of Corrections once investigated a CCA-owned facility and deemed the situation "intolerable." There were reports of inmate-guard affairs, felons hired as guards and a high job turnover rate, according to the Denver Rocky Mountain News."
- The Education Industry: The Corporate Takeover of Public Schools: "If you want to get a sense of how pervasive corporate influence in U.S. education is, just take a tour of your neighborhood school. Enter the cafeteria and you'll probably find wrappers from Taco Bell, Arby's and Subway, fast food chains that provide school lunches. The third grade class may be learning math by counting tootsie rolls. Science curricula might well come from Dow Chemical, Proctor and Gamble, Dupont or Exxon."
- US: I Spy-For Capitalism: "In 2006, for example, Lehman Brothers Inc. (LEH ) quietly promoted 35-year CIA veteran Ted Price from its corporate-security department to head the firm's Indian operations, based in Mumbai. Price was deputy director of operations at the CIA before becoming an investment banking executive. Earlier this year, Mike Baker, a 16-year CIA veteran, launched a corporate-intelligence firm, Prescience, in New Canaan, Conn., to serve hedge fund clients."







