9/14/10

"RBC daily": Two years of "no" Lehman Brothers.

Investment bank Lehman Brothers even two years after the collapse continues to pay generous bonuses to their employees. Commissions and fees of lawyers and accountants involved in the liquidation of the remaining assets of Lehman Brothers, approached $ 2 billion cost of liquidation of bank assets in the U.S., according to July 2010. Accounted for 917 million dollars and should exceed $ 1 billion in September. In London, the work of 300 lawyers and consultants PricewaterhouseCoopers, involved the liquidation of the European assets of the bank, demanded nearly $ 900 million, writes today, "RBC daily".

It is noted that the total cost of bankruptcy Lehman Brothers will continue to grow, as to its end yet. " Only in the U.S. payment to the liquidators will take another two years and a total of about $ 2 billion

Exactly two years ago - September 15, 2008. - One of the world's largest investment banks Lehman Brothers in assets at 639 billion dollars declared bankruptcy and filed in court a petition for protection from creditors. Lehman Brothers bankruptcy was the largest in the history of American business. It was after the collapse of Lehman Brothers the financial crisis become a global scale, the panic on Wall Street spread to all the world trading floors. Economists believe that the history of financial markets is now divided into "before" and "after" bankrupt Lehman Brothers.

In addressing the consequences of economic crisis and bank bailouts governments worldwide have spent 15 trillion euros, representing about a third of world gross national product (GNP). Only the U.S. government has allocated to support the financial system to $ 787 billion

No comments:

Post a Comment