The HBS Archives in Baker Library includes a comprehensive collection of more than 50,000 retired HBS cases, beginning with the first case written in 1921 through the 2010s. Over the years, HBS faculty have written many HBS cases about the finance industry, including cases specifically on Lehman Brothers. Most of the Lehman Brothers cases were written in the late 1980s to 2000s and provide insight into such issues as company mergers, investment in clean energy, diversity and inclusion, and the introduction of option pricing and hedge funds. 

Please contact: specialcollectionsref@hbs.edu to access copies of retired cases for research.

Current HBS Cases are available to purchase through Harvard Business Press.

Retired HBS Cases

El-Hage, Nabil N., and Cedric A. Lucas. “Lehman Brothers and Peabody Coal.” HBS No. 209-009. Boston: Harvard Business School Publishing, 2008.

Hill, Linda A., and Katherine Seger Weber. “Power, Greed and Glory on Wall Street: The Fall of Lehman Brothers, Parts I and II (TN).” HBS No. 494-091. Boston: Harvard Business School Publishing, 1994 (Revised 1995).             

Jick, Todd D. “Merging the Investment Banking Divisions of Shearson/American Express and Lehman Brothers Kuhn Loeb (A).” HBS No. 488-043. Boston: Harvard Business School Publishing, 1988.

Jick, Todd D. “Merging the Investment Banking Divisions of Shearson/American Express and Lehman Brothers Kuhn Loeb (B)” HBS No. 488-044. Boston: Harvard Business School Publishing, 1988.

Jick, Todd D. “Merging the Investment Banking Divisions of Shearson/American Express and Lehman Brothers Kuhn Loeb (A) and (B), TN.” HBS No. 491-098. Boston: Harvard Business School Publishing, 1991.

Meerschwam, David M. “Shearson Lehman Brothers and American Express—1987.” HBS No. 290-002. Boston: Harvard Business School Publishing, 1989.            

Meerschwam, David M. “Shearson Lehman Brothers and American Express—1987 TN.” HBS No. 291-060. Boston: Harvard Business School Publishing, 1991.

Paine, Lynn Sharp, and Jane Palley Katz. “Hutton Branch Manager (D).” HBS No. 396-047. Boston: Harvard Business School Publishing, 1995.

Perold, André F. “Lehman Management Co., Inc.” HBS No. 284-027. Boston: Harvard Business School Publishing, 1985.

Perold, André F., and Wai Lee. “American Express TRS Charge-Card Receivables and Lehman Brothers and the Securitization of American Express Charge-Card Receivables (TN).” HBS No. 295-158. Boston: Harvard Business School Publishing, 1995 (Revised 1996).

Thomas, David A., and Stephanie J. Creary. “Creating the Partnership Solutions Group at Lehman Brothers.” HBS No. 409-042. Boston: Harvard Business School Publishing, 2009.

Tufano, Peter. “Shearson Lehman Hutton, Inc. (A): Entry into the Covered Warrant Business.” HBS No. 291-016. Boston: Harvard Business School Publishing, 1995

Tufano, Peter. “Shearson Lehman Hutton, Inc. (A) and (B), TN.” HBS No. 296-066. Boston: Harvard Business School Publishing, 1996.

Tufano, Peter. “Shearson Lehman Hutton, Inc. (B): Euromarket Covered Warrant Execution.” HBS No. 291-017. Boston: Harvard Business School Publishing, 1996

Current HBS Cases

Di Tella, Rafael, Alberto F. Cavallo and Aldo Sesia. “Hank and Nancy: The Subprime Crisis, the Run on Lehman and the Shadow Banks, and the Decision to Bailout Wall Street.” HBS No. 718-022. Boston: Harvard Business School Publishing, 2017.

Foley, C. Fritz, and Linnea Meyer. “Nomura's Global Growth: Picking Up Pieces of Lehman.” HBS No. 210-017. Boston: Harvard Business School Publishing, 2009.

Gilson, Stuart C., Kristin Mugford and Sarah L. Abbott. “The Rise and Fall of Lehman Brothers.” HBS No. 217-041. Boston: Harvard Business School Publishing, 2017.                                                            

Groysberg, Boris, and Ashish Nanda. “Lehman Brothers (C): Decline of the Equity Research Department.” HBS No. 902-003. Boston: Harvard Business School Publishing, 2001.

Groysberg, Boris, Ashish Nanda, and Lauren Prusiner. “Lehman Brothers (A): Rise of the Equity Research Department.” HBS No. 906-034. Boston: Harvard Business School Publishing, 2006. 

Groysberg, Boris, and Ashish Nanda. “Lehman Brothers (D): Reemergence of the Equity Research Department.” HBS No. 406-090. Boston: Harvard Business School Publishing, 2006. 

Healy, Paul M., and Boris Groysberg. “10 Uncommon Values (R): Optimizing the Stock-Selection Process.” HBS No. 405-022. Boston: Harvard Business School Publishing, 2004.

Mikes, Anette, Gwen Yu and Dominique Hamel. “Lehman Brothers and Repo 105.” HBS No. 112-050. Boston: Harvard Business School Publishing, 2011.

Mikes, Anette, Gwen Yu and Dominique Hamel. “Lehman Brothers and Repo 105 (TN).” HBS No. 114-080. Boston: Harvard Business School Publishing, 2014.

Nanda, Ashish, Boris Groysberg, and Lauren Prusiner. “Lehman Brothers (B): Exit Jack Rivkin.” HBS No. 906-035. Boston: Harvard Business School Publishing, 2006. 

Nicholas, Tom, and David Chen. “Lehman Brothers.” HBS No. 810-106. Boston: Harvard Business School Publishing, 2010.                

Perold, André F., and Kuljot Singh. “American Express TRS Charge-Card Receivables.” HBS No. 293-120. Boston: Harvard Business School Publishing, 1993.       

Perold, André F., and Kuljot Singh. “Lehman Brothers and the Securitization of American Express Charge-Card Receivables.” HBS No. 293-121. Boston: Harvard Business School Publishing, 1993.

Rose, Clayton, and Anand Ahuja. “Before the Fall: Lehman Brothers 2008.” HBS No. 309-093. Boston: Harvard Business School Publishing, 2009.

Rose, Clayton, and Sally Canter Ganzfried. “Before the Fall: Lehman Brothers 2008 (TN).” HBS No. 312-044. Boston: Harvard Business School Publishing, 2011.