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Leading entrepreneurs such as San Francisco clothing magnate Levi Strauss and Hellman's brother-in-law Meyer Lehman (of New York's Lehman Brothers) invested $120,000 (approximately $3.06 million in 2011) and $150,000 (approximately 3.83 million in 2011), respectively, as did old friends and relatives from Reckendorf. Many prominent gentiles.
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Lehman Brothers - A Fall from Grace. Lehman Brothers' stock was selling at $86 a share in February 2007, giving the company a market capitalization of nearly $60 billion. For the year, the company reported a new record high in net income, over $4 billion. In January 2008, Lehman Brothers was the fourth-largest investment bank in the U.S.
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A key aspect of his early career was his involvement in the Lehman Brothers bankruptcy as a consultant, where he conducted in-depth analyses of Lehman Brothers' significant real estate investments leading up to their collapse. This experience afforded him a deep understanding of financial restructuring and real estate investments.
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