12/04/08 3:53 PM






 
Spelman Partnerships

Lehman Brothers Center for Global Finance and Economic Development

Lehman BrothersLehman Brothers, the global investment bank, and Spelman College, the No.1-ranked institution among all historically black colleges and universities in the country by U.S. News & World Report, recently announced a groundbreaking corporate-academic partnership to establish and develop the Lehman Brothers Center for Global Finance and Economic Development at Spelman College. As part of this endeavor, Lehman Brothers has committed $10 million that will make possible the development of an interdisciplinary curriculum and courses, the creation of a new scholarship program, and the recruitment of new faculty.

 

“We believe it is our responsibility to leverage our institutional knowledge, expertise and capital to address today’s challenging issues,” said Richard S. Fuld, Jr., chairman and chief executive officer of Lehman Brothers. “There is a clear need to increase participation of historically under-represented groups in the global financial industry. We are in a unique position to partner with Spelman College to create a new model that will prepare women of African descent for successful careers and leadership in the corporate world.”

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