Tuesday, March 19, 2024

Lehmaned down

Section:

As Lehman Brothers sign sells for just £9,375 at Christie’s, one bidder disputes the sale price and former executives party

 

The Lehman Brothers sign we featured earlier this month achieved just £9,375 in this week’s Christie’s South Kensington sale.

 

A Lehman Brothers sign sold for just £9,375 at Christie's in London on 17th September 2013
A Lehman Brothers sign sold for just £9,375 at Christie’s in London on 17th September 2013
Former Lehman Brothers employees gathered at B.B. King's in Times Square on the fifth anniversary of the company's collapse on 18th September 2013
Former Lehman Brothers employees gathered at B.B. King’s in Times Square on the fifth anniversary of the company’s collapse on 18th September 2013

Having been sold by the auction house in 2010 for an astonishing £42,050, this result is indication that Lehman is a company that most plainly want to forget.

 

In a bizarre turn, however, an individual named Kevin Adell, the founder of The Word Network – an organisation that describes itself as “the largest African American religious network in the world” – is alleging that Christie’s failed to accept his maximum bid of $20,000 on the sign. In a statement, he commented:

 

“I do not give up easy and I am demanding the sign be justifiably awarded to me”.

 

In a release that claims that Christie’s “allegedly award[ed the] sign to the wrong bidder”, Adell adds: “a representative of Mr Adell’s has tried to resolve the matter with Christie’s but to no avail”.

 

In separate news, “hundreds” of the company’s former traders gathered in New York yesterday for a “Lehman Rocks On” reunion on the fifth anniversary of the financial service firm’s collapse. Maybe one of them wants to remember and maybe, indeed, it was one of them who put in a bid.

 

 

Subscribe to our free once daily email newsletter here:

    The Steeple Times
    The Steeple Times
    We research and background check our articles. If you believe we have made and error in some detail please get in touch, we seek always to write the truth and stand against a press owned by a self selected few. Please help us, we will accept all your likes, subscriptions and anonymous suport. The Editor and his team at the Steeple Times.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    £1 per week Supports The Steeple Times

    Help journalism to remain honest & independent. You can make a difference to the world today.

    3,573FansLike
    2,068FollowersFollow
    16,731FollowersFollow
    4,962SubscribersSubscribe

    Subscribe For DAILY NEWS

    Please subscribe, like and share this unique site, it helps us tremendously. The Steeple Times in return will send you an email at noon each and everyday, that we sincerely hope you will enjoy & look forward to seeing in your inbox.

    AD
    Advertisement

    Trending Now

    Getting One’s Goat – A Cheesy Conundrum – Goat vs Goats vs Goat’s vs Goats’ Cheese

    Matthew Steeples explores conundrum of how to describe cheese made from goat’s milk and shares thoughts of Susie Dent to Alan Rusbridger, Christine Hamilton, Jay Rayner, Matthew Jukes, Mic Wright, Nigella Lawson, Matthew Wright, Tom Parker Bowles and Samantha Markle on goat cheese.

    Most Popular Articles

    The Phil & Matt Show

    Phillip Schofield filmed smoking shisha with his alleged ex-lover Matt McGreevy (and pictured in bed thereafter); another image shows the pair together in photograph...

    Was Mucky Minx Meghan Markle A ‘Yacht Girl’ For ‘Randy Andy’?

    As author Kirby Sommers suggests that the then Meghan Markle likely spent time with Prince Andrew and Jeffrey Epstein before she met Prince Harry, we again highlight the mucky, murkiness and mendacious manner of this alleged “yacht girl.”

    SchofieldLite

    ‘Politicalite’ suggest Phillip Schofield orchestrated his ‘mass coming out’ after a former ‘This Morning’ runner had gone to the press about a supposed relationship...

    Meddling Meghan Markle Expose – Attwood, Hopkins & Steeples

    Expose interview with Matthew Steeples by Shaun Attwood and Jennifer Hopkins about the former Meghan Markle watched over 73,000 times in 16 hours since it aired; Steeples condemns hapless Prince Harry and his meddling menace wife.

    Ampika Pickston

    Oldham born divorcee and former glamour model Ampika Pickston describes herself as “feisty, fun loving and warm hearted”. Now based in Hale Barns, Cheshire...

    Justice for James Scurlock

    Power of social media proven after senseless killing of James Scurlock in Omaha, Nebraska allegedly by a controversial bar owner named Jake Gardner who has been photographed with Donald Trump.
    [td_block_6 custom_title="Most Liked..." sort="popular7"]