Lehman Brothers Financial SA (LEHNQ)

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Lehman to Pay Lazard $1.3 Million to Sell Lamco Unit






By Linda Sandler
October 18, 2010 at 3:15 PM CDT

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Lehman Brothers Holdings Inc. said it would pay adviser Lazard Ltd. $1.3 million to sell its Lamco asset management unit, plus a monthly fee of $150,000.

Bankrupt Lehman hired Lazard for $400,000 a month in 2008 to help with asset sales, undertaking to pay $5 million when Lazard sold Lehman’s brokerage to Barclays Plc, and another $5 million when the defunct firm’s investment-management division was sold, according to an Oct. 15 filing in U.S. Bankruptcy Court in New York. Lazard currently gets $200,000 a month from Lehman, the filing showed

https://www.bloomberg.com/news/articles/2010-10-18/bankrupt-lehman-to-pay-lazard-1-3-million-to-sell-lamco-real-estate-unit

Legacy Asset Management Company (LAMCO) Goes Live with Calypso As Central Valuation Solution
Calypso Technology, Inc., a global application software provider of an integrated trading, risk and processing platform to financial institutions and corporate treasuries, announced today that👉️ Legacy Asset Management Company (LAMCO), a fully owned subsidiary of Lehman Brothers Holding Inc., has gone into production with the Calypso system as its core derivatives platform for valuation and

Editorial Team
September 20, 2011
3 minutes

https://www.bobsguide.com/legacy-asset-management-company-lamco-goes-live-with-calypso-as-central-valuation-solution/