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L F Rothschild Holdings Inc

BUSINESS
December 8, 1987 | DEBRA WHITEFIELD, Times Staff Writer
Conceding that it can't be the full service investment firm that its management had hoped to become, L. F. Rothschild Holdings Inc. announced Monday that it will lay off about 625 employees in a major restructuring. The decision comes a year after the firm's best known partners resigned in a feud over the company's direction.
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NEWS
February 14, 1990 | SCOT J. PALTROW, TIMES STAFF WRITER
The once mighty Wall Street investment firm of Drexel Burnham Lambert started going out of business Tuesday and its parent company later filed for bankruptcy court protection. The company that once was at the center of 1980s merger mania and junk bond finance immediately started selling off its cache of government and mortgage bonds and suspended most trading operations.
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