Lehman Brothers
1 of 9
It has been more than three years since its collapse, but Lehman Brothers can finally get back to business. That is, the business of liquidation, since there will be no more Lehman Brothers as it was known for nearly 150 years. It will merely be a shell of the Wall Street firm after emerging from bankruptcy last week only so it could sell whatever assets it has to pay back creditors.
After more than 40 months in bankruptcy protection, Lehman couldn't save itself and will soon officially be out of business, though sometimes that dreaded "B" word does not signal immediate doom. In honour of Lehman's emergence from bankruptcy, which was designed to restructure the company's debt to help keep it afloat, MSN looks back at other businesses that have experienced success — or sudden death — after breaking free of bankruptcy.
*All figures in USD
Have your say
Should new wireless companies Mobilicity, Wind Mobile and Public Mobile be allowed to fail?
Thanks for being one of the first people to vote. Results will be available soon. Check for results
- 55 %Yes, the market will decide if they are competitive enough to survive.
2,341 votes - 35 %No, the playing field in the wireless market is not level. The government should help these companies.
1,482 votes - 10 %I don't know.
403 votes
Total Responses: 4,226
Not scientifically valid. Results are updated every minute.
Hilary Kramer describes some small biotech companies you should look at, as well as a few large drug companies with nice yields.
Date 2 hrs ago, Duration 4:06, Views 5
Video by: MoneyShow.com | 10 Picks in 2 Strong Sectors What's Next for the Markets? Does the Fed Want Lower Stock Prices?
Money videos
-
Market Sense - Part Four: Staying In Vogue [06-18-13 5:35 PM]
Date 6 hrs ago 6:11Tooltip Information:
Market Sense - Part Four: Staying In Vogue [06-18-13 5:35 PM]Video by:Description: Which stocks will capitalize on in vogue fashion trends? We ask Camilo Lyon, Analyst, Canaccord GenuityRating: 2Views: 93 -
Free trade: Canada needs to grow the hell up [06-18-13 2:30 PM]
Date 6 hrs ago 8:51Tooltip Information:
Free trade: Canada needs to grow the hell up [06-18-13 2:30 PM]Video by:Description: Will Canada be able to lock down a trade agreement with the EU at the G8 Summit in Northern Ireland? BNN speaks to Barry Appleton, the Managing Partner of Appleton & Associates International Lawyers about the trade negotiations.Rating: 4Views: 41
-
Bombardier shares ready to take flight? [06-18-13 3:10 PM]
Date 6 hrs ago 7:15Tooltip Information:
Bombardier shares ready to take flight? [06-18-13 3:10 PM]Video by:Description: With multi-billion dollar orders announced today, is Bombardier shares ready to take flight? BNN talks to Ted Larkin, Private Investor and former Bay Street AnalystRating: 4Views: 92 -
Commodity ETF Winners [06-18-13 11:40 AM]
Date 12 hrs ago 4:15Tooltip Information:
Commodity ETF Winners [06-18-13 11:40 AM]Video by:Description: BNN speaks with John Gabriel, Analyst, Morningstar to find out what are the best-performing commodity ETFs so far for 2013.Rating: 4Views: 166
