Question? Call Us  +1 (817) 546-4770

CE21023A Management By Professional Values

Academic Anxiety?

Get an original paper within hours and nail the task

156 experts online

Free Samples

CE21023A Management By Professional Values

.cms-body-content table{width:100%!important;} #subhidecontent{ position: relative;
overflow-x: auto;
width: 100%;}

CE21023A Management By Professional Values

0 Download4 Pages / 912 Words

Course Code: CE21023A
University: Qatar University is not sponsored or endorsed by this college or university

Country: Qatar

Write a blog about The Last Days of Lehman Brothers.

The Last Days of Lehman Brothers
In the early September 2008, the company’s situation had begun to deteriorate faster. The level of stock, for example, was declining and, most of the customers had also begun to get their money from the firm. Further, the banks were compelled to transform the billions of dollars to the additional collateral to their prime broker (Crosina & Pratt, 2018). Lehman’s cash in hand, therefore, was depleted. There are certain other moments that it was believed that the situation at Lehmann would typically improve. For instance, the big banks were allowed by the Federal Reserve to pledge a variety of new categories of collateral and this was in return of an overnight capital but that did not work out for the company.
Such a move to allow the big banks to put certain types of their collateral to be given an overnight capital was used as a means of expanding the primary dealer credit facility window and this also meant to reduce the possibilities of Lehman Brothers not collapsing (Fleming & Sarkar, 2014). The last days of Lehman Brothers can be considered as one of those days that was too heavy for the company. Most of the actions occurred during the weekend and the first activity involved Lehman Brothers convening a meeting with US government to bail them out of the financial difficulty at the time. The Lehman Brothers finally failed on September 15th, 2008 even though they had considered themselves as too big to fail. There were hopes that the firm could be saved, however, that never happened.
A number of things happened during the last days of the Lehman Brothers and this was in 2008. On March 17th, the shares of Lehman Brothers fell and this was a figure lower than 48 percent. During this time, it was expected that it would be the next company to fall after the Wall Street firm had fallen. The Bear Stearns had also sold its 7 percent of shares at the market value price on the previous day (Fitzpatrick & Thomson, 2016). On May 21st, the earnings report of Lehman was questioned by the fund manager of Hedge David Einhorn. The fund manager claimed that the earnings were under-reported and that some of the key problems in the reports had not been mentioned. Later on the 9th of June 2008, the first quarterly loss of the company was announced and this was the first time since it had been made public. On the same day, it sold about $6 billion of its shares to bolster capital. The shares of Lehman Brothers gain dropped on 19th of August by 13th percent and this was according to the financial reports released. The drop in the number of shares was attributed to the solicitation of the buyers for the investment management division of the company.
After the talks were held on the infusion from Korea Development Bank had ended, the shares of Lehman Brothers was reduced to 45 percent and this was on the 9th of September 2008. On the following day, there was a third-quarter loss of about $3.9 billion as indicated in the financial report of Lehman Brothers (Copeland, Martin & Walker, 2014). Such a loss was considered as the largest in the company’s history and this was on a $5.6 billion of write-downs. Later on 12th September, the same year, the company’s shares had reduced to 42 percent and this was after remarks on the firm was made by the Moody’s Investors Service.
According to Bech, Bergstrom, Rosvall & Garratt, 2015), the investors advised Leman Brothers to seek a stronger financial partner who would help them financially and that if it had failed to get one, the company’s credit ratings would be downgraded. Later on, the following day that is 13th, there was a meeting which was held by the financial leaders of the company whose aim was to seek for solutions related to finance. The meeting was held at the Federal Reserve Bank of New York.
On the 14th of September in 2008, both the Bank of America and Barclays pulled out their bids and this was after both of them had failed to get various guarantees of the losses they had made (Ball, 2018). The two companies later met carry out net trades. While Barclays and the Bank of America were looking for ways to net trade, the liquidation of the Lehman Brothers was drawing nearer. The next day, the Barclays announced that they had signed a deal to purchase a bigger section of the US-based business of Lehman and this was because the company had already become bankrupt and this was on 16th September 2008.
Ball, L. M. (2018). The Fed and Lehman Brothers: Setting the Record Straight on a Financial Disaster. Cambridge University Press.
Bech, M. L., Bergstrom, C. T., Rosvall, M., & Garratt, R. J. (2015). Mapping change in the overnight money market. Physica A: Statistical Mechanics and its Applications, 424, 44-51.
Copeland, A., Martin, A., & Walker, M. (2014). Repo runs: Evidence from the tri?party repo market. The Journal of Finance, 69(6), 2343-2380.
Crosina, E., & Pratt, M. G. (2018). Toward a Model of Organizational Mourning: The Case of Former Lehman Brothers Bankers. Academy of Management Journal, (ja).
Fitzpatrick, T. J., & Thomson, J. B. (2016). Lehman Brothers bankruptcy, what lessons can be drawn?. In Banking Crises (pp. 213-220). Palgrave Macmillan, London.
Fleming, M. J., & Sarkar, A. (2014). The failure resolution of Lehman Brothers.

Free Membership to World’s Largest Sample Bank

To View this & another 50000+ free samples. Please put
your valid email id.


Yes, alert me for offers and important updates


Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

UploadUnique Document

DocumentUnder Evaluation

Get Moneyinto Your Wallet

Total 4 pages


*The content must not be available online or in our existing Database to qualify as

Cite This Work
To export a reference to this article please select a referencing stye below:


My Assignment Help. (2021). Management By Professional Values. Retrieved from

“Management By Professional Values.” My Assignment Help, 2021,

My Assignment Help (2021) Management By Professional Values [Online]. Available from:[Accessed 18 December 2021].

My Assignment Help. ‘Management By Professional Values’ (My Assignment Help, 2021) accessed 18 December 2021.

My Assignment Help. Management By Professional Values [Internet]. My Assignment Help. 2021 [cited 18 December 2021]. Available from:

.close{position: absolute;right: 5px;z-index: 999;opacity: 1;color: #ff8b00;}


Thank you for your interest
The respective sample has been mail to your register email id


$20 Credited
successfully in your wallet.
* $5 to be used on order value more than $50. Valid for
only 1

Account created successfully!
We have sent login details on your registered email.


Password: is the best paper writing service providing help on all types of academic papers be it essays, dissertations, thesis, homework/coursework and others. All the papers are multiple checked for accuracy of solutions and rid of any instance of plagiarism through plagiarism detection tools. We provide research paper topic ideas, research project ideas along with other papers. We offer proofreading, ghost writing and editing help on all papers.

Latest Management Samples

div#loaddata .card img {max-width: 100%;

MPM755 Building Success In Commerce
Download :
0 | Pages :

Course Code: MPM755
University: Deakin University is not sponsored or endorsed by this college or university

Country: Australia

The process of developing a successful business entity requires a multidimensional analysis of several factors that relate to the internal and external environment in commerce. The areas covered in this current unit are essential in transforming the business perspective regarding the key commerce factors such as ethics, technology, culture, entrepreneurship, leadership, culture, and globalization (Nzelibe, 1996; Barza, 2…

SNM660 Evidence Based Practice
Download :
0 | Pages :

Course Code: SNM660
University: The University Of Sheffield is not sponsored or endorsed by this college or university

Country: United Kingdom

Critical reflection on the objective, design, methodology and outcome of the research undertaken Assessment-I
Smoking and tobacco addiction is one of the few among the most basic general restorative issues, particularly to developed nations such as the UK. It has been represented that among all risk segments smoking is the fourth driving purpose behind infections and other several ailments like asthma, breathing and problems in the l…
Australia Maidstone Management Business management with marketing University of New South Wales Masters in Business Administration 

BSBHRM513 Manage Workforce Planning
Download :
0 | Pages :

Course Code: BSBHRM513
University: Tafe NSW is not sponsored or endorsed by this college or university

Country: Australia

Task 1
1.0 Data on staff turnover and demographics
That includes the staffing information of JKL industries for the fiscal year of 2014-15, it can be said that the company is having problems related to employee turnover. For the role of Senior Manager in Sydney, the organization needs 4 managers; however, one manager is exiting. It will make one empty position which might hurt the decision making process. On the other hand, In Brisba…

MKT2031 Issues In Small Business And Entrepreneurship
Download :
0 | Pages :

Course Code: MKT2031
University: University Of Northampton is not sponsored or endorsed by this college or university

Country: United Kingdom

Entrepreneurial ventures
Entrepreneurship is the capacity and willingness to develop, manage, and put in order operations of any business venture with an intention to make profits despite the risks that may be involved in such venture. Small and large businesses have a vital role to play in the overall performance of the economy. It is, therefore, necessary to consider the difference between entrepreneurial ventures, individual, and c…
Turkey Istanbul Management University of Employee Masters in Business Administration 

MN506 System Management
Download :
0 | Pages :

Course Code: MN506
University: Melbourne Institute Of Technology is not sponsored or endorsed by this college or university

Country: Australia

An operating system (OS) is defined as a system software that is installed in the systems for the management of the hardware along with the other software resources. Every computer system and mobile device requires an operating system for functioning and execution of operations. There is a great use of mobile devices such as tablets and Smartphones that has increased. One of the widely used and implemented operating syste…
Australia Cheltenham Computer Science Litigation and Dispute Management University of New South Wales Information Technology 


Need an essay written specifically to meet your requirements?

Choose skilled experts on your subject and get an original paper within your deadline

156 experts online

Your time is important. Let us write you an essay from scratch

Tips and Tricks from our Blog

PROJ6016 Employer Based Project

Free Samples PROJ6016 Employer Based Project .cms-body-content table{width:100%!important;} #subhidecontent{ position: relative; overflow-x: auto; width: 100%;} PROJ6016 Employer

Read More »

PPMP20009 Marking Rubric

Free Samples PPMP20009 Marking Rubric .cms-body-content table{width:100%!important;} #subhidecontent{ position: relative; overflow-x: auto; width: 100%;} PPMP20009 Marking Rubric

Read More »