On September 15, 2008, US investment bank Lehman Brothers, which was once one of the world’s financial institutions, filed for bankruptcy with $639 billion in assets and $619 billion in debt. These enormous figures earned the company the title of the largest bankruptcy filing in history. Nearly ten years on and the creditors are still fighting over the corpse of this former model of American capitalism. Exclusive access to under the radar value hedge fund managers Only last week, administrators of Lehman Brothers International Europe won permission to take their legal battle with the tax authorities in the UK to…
A 140% Return From Lehman Brothers Debt
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk