| Abstract: | NEW YORK (Standard&Poor's) Sept. 9, 2008--Standard&Poor's Ratings Services said today that it placed its ratings, including the 'A' long-term and 'A-1' short-term counterparty credit ratings, on Lehman Brothers Holdings Inc., and ratings on all related entities on CreditWatch with negative implications. "The CreditWatch listing stems from heightened uncertainty about Lehman's ability to raise additional capital, based on the precipitous decline in its share price in recent days," said Standard&Poor's credit analyst Scott Sprinzen. "Although the ratings ultimately could be affirmed, we do not currently rule out the possibility of lowering the ratings by more than one notch." Lehman's capital ratios appeared adequate as of the May 31, 2008, end of its second quarter. However,
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| Brief Excerpt: | RESEARCH Ratings Definitions Lehman Brothers Ratings On Watch Negative, On Capital-Raising Concerns Publication date: 09-Sep-2008 Primary Credit Analyst: Scott Sprinzen, New York (1) 212-438-7812; scott_sprinzen@standardandpoors.com...
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| Report Type: | Ratings Action
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| Ticker: | LEH
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| Issuer: | Lehman Brothers Holdings Inc.
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| GICS: | Investment Banking & Brokerage (40203020)
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| Sector: | Asset-Backed Commercial Paper, Asset-Backed Securities, Collateralized Debt Obligations, Commercial MBS, Financial Institutions, Global Issuers, Insurance, Public Finance, Residential MBS, Structured Finance
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| Country: | United States
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| Region: | United States
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