posted under sexy-news by jay

Rumors have it that Lehman Brothers bankruptcy protection will be filed either Sunday night or as early as Monday morning. Lehman Brothers investment bank is the largest failure in the last couple of decades.

Lehman, who has quite a few investment bank companies, plans to only put the bankruptcy protection on his parent company, Lehman Brothers Holdings. It is said that Lehman is unlikely to add the same bankruptcy protection to his other firms.

Lehman’s bankruptcy represents a few different things that include the largest failure in a investment bank in the past couple of decades but more importantly, it represents the end of a 158-year-old company that just couldn’t manage to go on.

And for the record, this is no chump change that we’re discussing, we’re talking about billions and not millions. I mean, anywhere between $46 billion and $70 billion dollars. That’s the type of money that you could use to buy an entire country!

If you ever thought you were in debt, well, I bet you would never compare to this in your lifetime! Matter of fact, 100 lifetimes of debt probably wouldn’t amount to that type of debt!

But I’m sure there will be more Lehman Brothers news and I will keep you updated here.