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Lehman Brothers Post 57% Drop In Profit, Beating Market Expectations

 
A police officer stands outside the headquarters of Lehman Brothers in Times Square March 18, 2008 in New York City. Lehman posted a 57% decline in first quarter profits however, beating analysts expectations.
Lehman Brothers Post 57% Drop In Profit, Beating Market Expectations
A police officer stands outside the headquarters of Lehman Brothers in Times Square March 18, 2008 in New York City. Lehman posted a 57% decline in first quarter profits however, beating analysts expectations.
( - Photo by Hiroko Masuike/Getty Images North America)
The headquarters of Lehman Brothers is shown in Times Square March 18, 2008 in New York City. Lehman posted a 57% decline in first quarter profits however, beating analysts expectations. (FILE PHOTO) The headquarters of Lehman Brothers is shown in Times Square March 18, 2008 in New York. Lehman Brothers announced June 12, 2008 that it has removed President Joseph Gregory, who also served as its chief operating officer, and Chief Financial Officer Erin Callan from their positions. A police officer stands outside the headquarters of Lehman Brothers in Times Square March 18, 2008 in New York City. Lehman posted a 57% decline in first quarter profits however, beating analysts expectations. The headquarters of Lehman Brothers is shown in Times Square March 18, 2008 in New York City. Lehman posted a 57% decline in first quarter profits however, beating analysts expectations.
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