| Abstract: | On Sept. 12, 2008, Standard&Poor's Ratings Services said that 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 remain on CreditWatch, where they were placed on Sept. 9, 2008; however, we revised the CreditWatch listing to developing from negative. The CreditWatch developing means that we could raise, affirm, or lower the ratings. On Sept. 10, 2008, while pre-announcing its large third-quarter loss and disclosing various planned actions to reduce its holdings of problematic commercial real estate and residential mortgage assets and to shore up its capital, Lehman also stated that the firm was committed to examining all strategic alternatives to maximize shareholder value. Press
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| Brief Excerpt: | RESEARCH Ratings Definitions Research Update: Lehman Brothers CreditWatch Revised To Developing After Reports Of Potential Sale Of Company Publication date: 12-Sep-2008 Primary Credit Analyst: Scott Sprinzen, New York (1) 212-438-7812;...
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| Report Type: | Research Update
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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, Corporations, Financial Institutions, Global Issuers, Insurance, Public Finance, Real Estate Companies, Residential MBS, Structured Finance, Utilities
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| Country: | United States
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| Region: | United States
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