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Mayer Lehman (January 9, 1830 – June 21, 1897) was an American businessman, banker, and philanthropist. He was one of the three founding brothers of the investment bank Lehman Brothers .
Jun 8, 2011 · Introduction. When New York investment bank Lehman Brothers filed for Chapter 11 bankruptcy protection on September 15, 2008, it represented the largest bankruptcy in U.S. history. This massive investment bank had been founded with modest assets in the mid-nineteenth century in Montgomery, Alabama.
He was a white Jewish-American businessman, banker, slave owner, and philanthropist. Mayer Lehman was born to a German-Jewish family in the small Franconian town of Rimpar near Würzburg. He was the son of a cattle merchant, Abraham Löw Lehmann.
Mayer Lehman (1830-1897) was one of three Jewish-German immigrant brothers who founded the company that would become financial giant Lehman Brothers in Montgomery, Montgomery County. during the mid-nineteenth century.
Sep 14, 2018 · It traced its history back to the 1850s when German brothers Henry, Emanuel and Mayer Lehman, transformed their small store in the deep south of Alabama into a bank.
With the arrival of the youngest brother, twenty-year-old Mayer Lehman in 1850, the enterprise became Lehman Brothers. Henry Lehman died five years later of yellow fever in New Orleans, and Emanuel and Mayer ran the company over the next four decades.
Henry Lehman is joined by his brothers Emanuel and Mayer, and their establishment becomes Lehman Brothers. 1858 Lehman Brothers transitions into the cotton commodity business and opens a branch in New York City.
