FACTBOX: Lehman's market value -- some comparisons

Wed Sep 10, 2008 2:42am EDT
 
[-] Text [+]

NEW YORK (Reuters) - The 45 percent slide in the shares of Lehman Brothers Holdings Inc on Tuesday reduced the investment bank's market value to just $5.4 billion -- down from $36 billion a year ago.

The firm's stock market value is now equivalent to:

-- One-twelfth the value of Goldman Sachs Co Inc

-- One-eighth the value of Merrill Lynch Co Inc

-- One-fifth the value of discount broker Charles Schwab

-- Half the value of online discount broker TD Ameritrade

-- About double the sale price for one New York office building, the GM Building, when it was sold in May

-- Five days of Wal-Mart Stores Inc sales

-- About half the earnings reported by Exxon Mobil in the second quarter.

(Reporting by Juan Lagorio; Editing by Gary Hill)

 

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better