NEW YORK (Standard&Poor's) Sept. 25, 2008--Standard&Poor's Ratings Services announced today that it has withdrawn its ratings on Lehman Brothers Holdings Inc. (LBHI) and all related entities (see list below). "LBHI filed for Chapter 11 bankruptcy protection on Sept. 15, 2008. Subsequently, a court order was granted to Securities Investor Protection Corp. beginning a liquidation proceeding against Lehman Brothers Inc., LBHI's principal U.S. broker-dealer subsidiary, while its U.K.-based broker-dealer affiliate, Lehman Brothers International (Europe), was placed under an administrator," said Standard&Poor's credit analyst Scott Sprinzen.
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| Sector: | Asset-Backed Commercial Paper, Asset-Backed Securities, Collateralized Debt Obligations, Corporations, Financial Institutions, Global Issuers, Insurance, Public Finance, Real Estate Companies, Residential MBS, Structured Finance, Utilities
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