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27 Sep 2017
1850: General dry goods
1858: Cotton Brokerage firm Cotton was Alabama's main export crop in the 1850s.
1867: Lehman Brothers was designated to help sell state bonds
1870: Took lead in establishing the New York Cotton Exchange
1887: Became a member of the New York's Stock Exchange
1906: Join forces with Goldman Moved into investment banking business
1929: Great Depression Lehman Brothers survived by focusing on venture capital.
1984: Acquired by American Express to form Shearson Lehman Brothers
2000: Lehman Brothers 150th anniversary
2002: Entered into settlement with the US Securities and Exchange (SEC)
2007: Mortgage crisis Value of stock fell, losses of nearly $4 billion
2008: Lehman executives filed for bankruptcy
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