The financial firm of Lehman Brothers collapsed quickly into bankruptcy in 2008. The phrase “collapsed/fallen/folded faster than Lehman Brothers” was used on many blogs in September 2008.
During an NFL football game between the Houston Texans and San Francisco 49ers on October 25, 2009, broacaster Chris Myers said of a sack of Texans quarterback Matt Schaub: “Schaub went down faster than Lehman Brothers.” The line immediately appeared on several blogs.
Wikipedia: Lehman Brothers
Lehman Brothers Holdings Inc. (Pink Sheets: LEHMQ, former NYSE ticker symbol LEH) (pronounced /ˈliːmən/) was a global financial-services firm which, until declaring bankruptcy in 2008, participated in business in investment banking, equity and fixed-income sales, research and trading, investment management, private equity, and private banking. It was a primary dealer in the U.S. Treasury securities market. Its primary subsidiaries included Lehman Brothers Inc., Neuberger Berman Inc., Aurora Loan Services, Inc., SIB Mortgage Corporation, Lehman Brothers Bank, FSB, Eagle Energy Partners, and the Crossroads Group. The firm’s worldwide headquarters were in New York City, with regional headquarters in London and Tokyo, as well as offices located throughout the world.
On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its clients, drastic losses in its stock, and devaluation of its assets by credit rating agencies. The filing marked the largest bankruptcy in U.S. history. The following day, the British bank Barclays announced its agreement to purchase, subject to regulatory approval, Lehman’s North American investment-banking and trading divisions along with its New York headquarters building. On September 20, 2008, a revised version of that agreement was approved by Judge James Peck.
Wikipedia: Bankruptcy of Lehman Brothers
Lehman Brothers filed for Chapter 11 bankruptcy protection on September 15, 2008. The bankruptcy of Lehman Brothers is the largest bankruptcy filing in U.S. history with Lehman holding over $600 billion in assets.
Wikipedia: Chris Myers
Christopher Patrick Myers (born March 28, 1959 in Miami, Florida) is an American sportscaster. He currently lives in Southern California.
In 1998, Myers joined Fox Sports Net where he was one of the original anchors of
Myers is also currently the studio host for NASCAR coverage on FOX, and a reporter for the NFL on Fox and Major League Baseball on Fox. Myers is also a reporter for Bowl Championship Series coverage on FOX.
During a Detroit Lions and New Orleans Saints game, on September 13, 2009, Myers made, what some feel, a disparaging remark while talking about linebacker Larry Foote’s decision to leave the perennially strong Pittsburgh Steelers to play for Detroit, he said, “Thats like going from dating Beyonce to Whoopi Goldberg!” Frank Caliendo later impersonated Myers on the NFL pre-game show.
The Dolphin Report
FINS LOSE AT CARDS WHILE LOOKING LIKE JOKERS
September 14th, 2008
Notwithstanding his status as the ninth overall pick in the 2007 draft, don’t look for him to fetch more than a low-round draft pick, even to a team desperate for a return-threat. His stock has fallen faster than Lehman Brothers!
Tuesday, September 16, 2008
Greenville skinny-dippers plead not guilty
With water temperatures in Maine dropping faster than Lehman Brothers stock, here’s an update on the Greenville, Maine skinny-dippers who decided to plunge into Moosehead Lake in their birthday suits in order to earn a free sandwich.
Can’t Stop The Bleeding
The New York Mets Of September ‘08 : It’s Like Deja Boo Fucking Hoo Again
The incompetence of the bullpen was no longer an issue with the meat of the Mets order going rotten faster than Lehman Brothers.
Friday, September 19, 2008
Let’s talk about that ‘Bush Doctine’
The Sarah Palin phenomenon is burning out faster than Lehman Brothers
Watch Kalib Run
WEC 39 tonight
by Zak Woods on Mar 1, 2009 2:11 PM EST
WEC 39 is tonight. I couldn’t find a promo poster that didn’t feature Carlos Condit who is now fighting in the UFC in April. This of course happened when Brock Larson was injured causing the WEC welterweight division to fold faster than Lehman Brothers.
If Vampires Were Real…
September 19th, 2009 by Eric
Having turned half the world into their brothers and sisters, the vampires would then face a dilemma. If they continued their ravenous ways, they would consume the remainder of their blood supply within a matter of days. Blood banks would be drained of their assets faster than Lehman Brothers went bankrupt.
49erswebzone.com Fan Forum
Oct 25, 2009 at 12:38:07
SAN FRANCISCO 49ERS @ HOUSTON TEXANS GAMEDAY THREAD (Game 6)
Originally posted by NinerGM:
Schuab went down faster than Lehman Brothers.
sounds like he was dying to use that one.
Posted: Sun Oct 25, 2009 7:38 pm
Chris Myers has some stupid shit today
“falling faster than lehman brothers”
Hipinion.com: Official NFL Week 7 Thread
Posted: Sun Oct 25, 2009 7:44 pm
did anybody catch the “he went down faster than lehman brothers” line in the texans/niners game?
New York City • Banking/Finance/Insurance • (0) Comments • Sunday, October 25, 2009 • Permalink