Ask for an introduction from Lehman Brothers

The upstairs explanation is clear, and I won't repeat it.

Global investment bank.

Lehman Brothers is a global investment bank founded in 1850. The 2000 Best Investment Bank in Qingdan by Business Week ranked first in the overall research strength of Institutional Investor and the Best Investment Bank of 2002 by International Finance Review. On September 15, 2008, Beijing time, Lehman Brothers, the fourth largest investment bank in the United States, finally lost its armor and announced that it would file for bankruptcy protection amid the intensification of the crisis in the subprime mortgage market (subprime mortgage crisis).

Lehman Brothers is a full-service, diversified investment bank serving the financial needs of corporations, institutions,** and investors around the world. Lehman Brothers' financial strength underpins its leadership position in the areas in which it operates, and it is one of the world's most strong** and bond underwriters and dealers. At the same time, the company also serves as an important financial advisor to many multinational companies and ** companies around the world, and has a number of internationally recognized best analysts in the industry.

The company prides itself on the long-term, mutually beneficial relationships it has built with its clients in helping them succeed, some dating back more than a century.

Lehman Brothers released its financial report on June 16, 2008, saying that the company lost $100 million in the second quarter (to May 31), the first loss since the company went public in 1994. Lehman's net income was negative $100 million, compared to $100 million in the same period; The loss was 100 million US dollars, or US dollars per share, compared with a profit of 100 million US dollars in the same period.

Lehman chief executive Richard Fuld acknowledged that the loss was his responsibility and said steps had been taken to ensure that such poor results did not continue. Lehman raised $6 billion last week through a new share offering and replaced the company's chief financial officer and chief operating officer.

Lehman shares have accumulated **60% since 2008, and on June 16, Lehman shares were ** due to the expectation that future performance will improve.

According to the third-quarter financial report released by Lehman Brothers in advance on September 10, the huge loss exceeded market expectations.

According to the report, Lehman Brothers suffered a huge loss of $3.9 billion in the third quarter, the largest quarterly loss in the company's 158-year history. After the earnings report, Lehman's shares fell nearly 7%. Lehman Brothers' stock price has plummeted nearly 90 percent in just nine months from more than $60 at the beginning of the year to today, leaving a market value of only about $6 billion.

After failing in its efforts to secure funding from outside investors, Lehman Brothers yesterday decided to take a majority stake in its asset management arm and spin off $30 billion worth of real estate assets in an effort to survive the financial crisis.

Lehman chief executive Richard Fuld admitted that the company was in "one of the toughest periods" in its 158-year history, but would survive the current one. The analysis believes that it cannot be ruled out that Lehman Brothers needs to help avoid bankruptcy.