The 10 Most Expensive Items Sold at the Lehman Brothers Auction

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September 30, 2010 • 10:30 am PDT
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The collapse of the investment bank Lehman Brothers was one of the defining moments of the financial crisis. After dabbling too heavily in subprime mortgages, the company lost nearly all its money and was chopped up and bought at heavily discounted prices.

One part of Lehman that hadn't been sold off until this week was its massive art collection, which it curated over the years as an added investment. In two auctions in London and New York, both expensive art and Lehman memorabilia were sold off, for a total amount of $15 million (a drop in the bucket compared to what they lost). Take a look at the 10 most expensive pieces, which sadly doesn't include the Lehman's sign sold in London for $21,698.

Morgan Clendaniel

Posted in: Culture,; Business,; GOOD Blog,

Tags: business,; culture,; art,; lehman brothers,; sothebys,; christies

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