Cotton Exchange: 1858
Which of the following retail stores was not underwritten or funded by Lehman Brothers after the company diversified beyond the cotton industry?
By offering mortgages on enslaved people, banks enabled enslavers to expand their workforce even when they had limited cash.
When Lehman Brothers filed for bankruptcy, it held over $600 billion in assets.
What, if anything, surprises you about the history of Lehman Brothers?
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