LAms & Brothers

8/6/2019 LAms & Brothers

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yLehman Brothers, an innovator in

global finance, serves the financialneeds of corporations, governments

and municipalities, institutional

clients, and high net worthindividuals worldwide.


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y Lehman brothers has played an important part in the

financial and commercial history of the united states for

more than 150 years. The history of the firm offers an

inside look at the emergence and growth of Americanindustry and technology as well as the establishment of

the modern corporation.


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y AIG-:American International Group.

y AIG is a global conglomerate that does business in 130

countries and jurisdictions. Its biggest business is

insurance, including life, property and casualty,commercial, as well as retirement products. It is a

component of the Dow Jones Industrial Average.


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y Lehman brothers are still standing, but its foundation look

shakier every day.

y DFSA issues statement about Lehman current status in

DIFC-no client money is held by the DIFC branch ofLehman UK funds are regulated by the UK financial

services authority and are required by it to be segregated

from asset of Lehman.


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y Lehman collapse will benefit savers

y Japanese firm buys Lehman companies

y 750 jobs axed at failed bank.


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The bankruptcy of Lehman brother is the largest bankruptcy filingin U.S story with Lehman holding over 600 billion in assets.

Lehman Brothers bank collapse

Wall Street bank Lehman Brothers has filed for chapter 11bankruptcy protections, rival Merrill Lynch has sought refugeby selling itself to Bank of America, and insurance giant AIG

needs emergency funding.


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y CDS: Unlike most other insurance companies, AIG plunged into themarket for credit default swaps, which are contracts that act likeinsurance by protecting investors against default in a range of assets,including sub prime mortgages and corporate bonds. Swap buyersmake regular payments to sellers like AIG, who in turn have to make

payouts if a default or bankruptcy occurs. As the risk of default onthe assets has increased, AIG has had to write-down the value of theprotection it sold and post collateral to its counterparties.

y MORTGAGES: AIG also has other businesses that are exposed tothe troubled housing market, including a unit that makes mortgageloans to consumers and a unit that promises to make payouts to

lenders if a borrower cant pay the mortgage.y INVESTMENTS: Like any insurance company, AIG funnels

premiums paid by policyholders into myriad investments aimed atgenerating profits to fund future claims. Amid the upheaval in themarkets, some of those investments have fallen in value.


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oTo improve access to market

oTo grow and expand through deals

oTo integrate various culture

oTo achieve quality & excellence

oTo move quickly and inexpensively

oTalent , knowledge, and technology today

oTo measure the prevalence of obesity in the adult

population living in the area of interestoTo determine the association between lifestyle factors andobesity

oTo learn about peoples attitude to diet and exercise.


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From the above report, it can be concludedthat the Lehman brothers and dooms dayresults could be catastrophic.Furthermore, it has strengthened themanagement bandwidth. With the blendof branch network and extensive productrange on one hand expertise of

management on the other.


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LAms & Brothers