Lehman Brothers Auction Realises $2.6 Million at Christie’s South Kensington

LONDON.- The auction of Lehman Brothers: Artwork and Ephemera took place today (29 September 2010) at Christie’s South Kensington salerooms and realized £1,641,613 / $2,593,749 / €1,904,271, surpassing its pre-sale estimate of £769,600 to £1,138,900. Offering artworks and selected items of interest which once adorned the walls and offices of the British and European arms of the former banking powerhouse Lehman Brothers, the auction attracted over 1,100 registered bidders from around the world, including 330 clients who registered to bid [...]

Lehman Brothers Sign, Artworks to Be Auctioned Off in UK

LONDON (AP)- For sale: a sign of the times. Christie’s is auctioning off the 10 foot-long (3 meter-long) sign that adorned the European headquarters of Lehman Brothers, along with paintings, furniture and other objects from the offices of the collapsed investment bank. They are among millions of dollars’ (euros’) worth of items being sold to help pay Lehman’s creditors. The bank collapsed in September 2008. It was the largest bankruptcy filing in U.S. history and helped cause one of the [...]