Sunday, December 08, 2019 6:36:21 PM
"twenty-five thousand lehman employees lost their jobs"
1) Boss#1, do the right thing and pay out the LBHI Plan Trust's stock to us investors and especially to twenty-five thousand lehman employees who lost their jobs ASAP. You really made us wait and earn a payout!
2) Boss#2, how many of LBHI's employees redeployed to JPMCB world wide?
3) Boss#3, we need you to assist boss#1 and boss#2 with our request!
4) Boss#4, just relax and keep an eye on boss#3.
5) Boss#5, close out the books for 2019.
6) Boss#6, go out and find and document the other bosses!
*****
https://www.newsweek.com/what-happened-lehmans-employees-79593
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business
what happened to lehman's employees?
by nancy cook on 9/13/09 at 8:00 pm edt
business
when lehman brothers filed for bankruptcy on sept. 15 of last year, its collapse set off a domino effect across the global financial world. credit markets froze. twenty-five thousand lehman employees lost their jobs, and the landscape of wall street shifted as a storied 158-year-old bank closed its doors. you would think the firm's executives and managers would be treated as pariahs following lehman's demise. yet, with the exception of the most senior management, including ceo dick fuld, many lehman financiers have found similar jobs at institutions such as deutsche bank, j.p. morgan, and barclays. "i don't think the lehman anniversary means very much at all," says charles geisst, a financial historian. "it was just redeployment of personnel."
one year later, the real casualty of lehman's collapse has been the fate of the bank's former rank and file: secretaries, event planners, and operations staffers. many of them remain out of work and were not among the roughly 12,500 lehman employees who went to barclays or nomura holdings when the two companies purchased divisions of lehman brothers following its bankruptcy. "nobody wants to be in situation where you work for 25 years and your retirement fund goes to hell because of other people's decisions," says david ambinder, a former senior vice president of the bank's support services who left wall street to start his own small business.""
1) Boss#1, do the right thing and pay out the LBHI Plan Trust's stock to us investors and especially to twenty-five thousand lehman employees who lost their jobs ASAP. You really made us wait and earn a payout!
2) Boss#2, how many of LBHI's employees redeployed to JPMCB world wide?
3) Boss#3, we need you to assist boss#1 and boss#2 with our request!
4) Boss#4, just relax and keep an eye on boss#3.
5) Boss#5, close out the books for 2019.
6) Boss#6, go out and find and document the other bosses!
*****
https://www.newsweek.com/what-happened-lehmans-employees-79593
"sign in
subscribe
business
what happened to lehman's employees?
by nancy cook on 9/13/09 at 8:00 pm edt
business
when lehman brothers filed for bankruptcy on sept. 15 of last year, its collapse set off a domino effect across the global financial world. credit markets froze. twenty-five thousand lehman employees lost their jobs, and the landscape of wall street shifted as a storied 158-year-old bank closed its doors. you would think the firm's executives and managers would be treated as pariahs following lehman's demise. yet, with the exception of the most senior management, including ceo dick fuld, many lehman financiers have found similar jobs at institutions such as deutsche bank, j.p. morgan, and barclays. "i don't think the lehman anniversary means very much at all," says charles geisst, a financial historian. "it was just redeployment of personnel."
one year later, the real casualty of lehman's collapse has been the fate of the bank's former rank and file: secretaries, event planners, and operations staffers. many of them remain out of work and were not among the roughly 12,500 lehman employees who went to barclays or nomura holdings when the two companies purchased divisions of lehman brothers following its bankruptcy. "nobody wants to be in situation where you work for 25 years and your retirement fund goes to hell because of other people's decisions," says david ambinder, a former senior vice president of the bank's support services who left wall street to start his own small business.""
