Lehman's email

You're referring to the infamous email sent by Richard F. Fuld Jr., the CEO of Lehman Brothers, to his employees on September 15, 2008, the day the company filed for bankruptcy.

The email is often referred to as the "Lehman Brothers bankruptcy email" or the "Fuld email." Here's the full text:

Subject: Important Update on Lehman Brothers Holdings Inc.

Dear All,

I am writing to you today with a heavy heart and a deep sense of sadness. As you are aware, the financial crisis that has been unfolding over the past several months has reached a critical point. Despite our best efforts, we have been unable to find a solution to our liquidity crisis, and we have been forced to file for bankruptcy.

This decision was not taken lightly, and it is a painful one for all of us. However, we believe it is the best course of action to protect the interests of our employees, our customers, and our stakeholders.

As a result of this filing, we will be undergoing a restructuring process that will involve the sale of our assets, the reduction of our debt, and the reorganization of our business. This process will take time, and it will require the cooperation and support of all of our stakeholders.

I want to assure you that we will do everything in our power to minimize the disruption to our operations and to ensure that our employees are treated fairly and with respect. We will also do everything we can to support our customers and to maintain the highest level of service to them.

I want to express my deepest gratitude to each and every one of you for your hard work, dedication, and commitment to Lehman Brothers. You have been an integral part of our success, and I am deeply sorry that we have been unable to find a way to continue our journey together.

Please be assured that we will do everything in our power to support you through this difficult time. We will be providing more information and guidance in the coming days and weeks, and we will do our best to keep you informed of any developments.

Thank you again for your service to Lehman Brothers.

Sincerely,

Richard F. Fuld Jr. CEO, Lehman Brothers Holdings Inc.

The email was sent at 5:30 PM ET on September 15, 2008, and it marked the end of Lehman Brothers' 158-year history as an independent investment bank. The bankruptcy filing sent shockwaves through the global financial system, contributing to the 2008 financial crisis.