5 Oct 2010 - There was only limited interest to buy Lehman Brothers after it failed two years ago and became the most prominent victim of the 2008 financial tsunami. However, there was an enormous appetite for
Lehman memorabilia and its collection of art at a recent auction in London. Bankers came in search of a souvenir, and art lovers saw the opportunity to purchase for a bargain price. The total auction raised USD 2,5 million and many bidders were former Lehman staff. One of the highlights of the auction was selling the large metal nameplate that formerly hung at the London headquarters of the bank. It was sold by an anonymous telephone buyer for HKD 515,596. Other items that did well were an 1870 collection of the works of William Shakespeare and two etching by Lucian Freud.
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