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Corporation · est. 1850

Lehman Brothers

The Wall Street firm began as an Alabama cotton brokerage built on slave-grown cotton.

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Lehman Brothers started as a Montgomery, Alabama general store and cotton brokerage, extending credit to slaveholding planters; the brothers themselves owned enslaved people before the firm moved north to become a financial powerhouse.

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    Chattel Slavery

    Lehman began as a cotton brokerage built on slave labor.