Here's What Happened When Former Lehman Brothers Partied On The 5th Anniversary Of The Bank's Collapse
The event, which was called "LEH Rocks On," wasn't about commemorating the demise of the once powerful Wall Street bank. Instead, it was about bringing together old colleagues and friends to listen to Lehman alumni bands and raise funds for the 9/11 Memorial Fund Foundation.
One thing that was apparent last night is that there remains a great deal of camaraderie amongst the Lehman alums. What's more, many of them have kept each other in their professional networks across Wall Street.
"It was interesting because Lehman people scattered to different banks and hedge funds, so you have a friend at almost every institution. They always take your call. It's a very powerful network," a former Lehman employee told us.
Another former employee added that when people went to Lehman back then they intended to stay there for a long time. Ironically, when they all had to go their separate ways they left with a great business network, he explained.
"It would not have been the way a drew it up, but I have a lot of great business contact," he told us.
One Lehman alum who was absent last night was the ex-CEO Dick Fuld. No one expected him to show up, though.
"I doubt he makes too many public appearances," one former Lehman employee told us.
In case you missed the show, we have included highlights in the slides that follow. Now let's get to meet the Lehman alumni bands.