accountThe trustee unwinding Lehman Brothers' brokerage unit said final distributions to institutional customers have begun,...
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LEHMAN BROS.
Lehman Brothers, once the fourth-largest U.S. investment bank, filed for Chapter 11 bankruptcy protection on September 15, 2008, after announcing a record $3.9 billion loss, marking the largest bankruptcy in U.S. history. This topic will cover all the latest developments on Lehman Bros.
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The banking summer analyst and associate season is nearly upon us. In a few weeks’ time the lucky few will be...
Beleaguered advisory boutique firm Gleacher & Co. shut down its investment banking business and hired a chief...
One of the daughters of billionaire Marc Lasry, who runs distressed debt hedge fund Avenue Capital, was married this...
One of the hottest trades in the world this year has been Japan. Short the yen, buy Japanese stocks. It's practically...
David Tepper is on CNBC arguing that stocks are still a buy. During his appearance, he held up a chart from the blog...
The arrival of Glenn Schiffman, a former senior banker at Lehman Brothers and Nomura, signals the continuing growth of...
With the announcement that MF Global Trustee (and former FBI chief) Louis J. Freeh will charge Jon Corzine for failing...
The horse-race loving, flamboyant banker Ricci Rich is to retire from Barclays at the end of June. Here we take a...
Two top lieutenants to the bank's former chief executive, Robert E. Diamond Jr.,are stepping down. And in an effort to...
Bringing new meaning to the phrase, "this town ain't big enough for the both of us," Bloomberg reports that...
Larry Birnbaum — a veteran of Bear Stearns, Lehman Brothers and more — is selling his beautiful oceanfront home on the...
A settlement that has freed up an additional $9.1 billion to repay creditors of Lehman Brothers International Europe...
Yesterday, Bitcoin plummeted from a morning high of $266 all the way to $105 in the afternoon before stabilizing around...
The Bank of Japan finally determined the Japanese people have suffered enough deflation as punishment for the bubbly...
Manhattan apartment prices held steady in the first quarter of 2013, while inventory continued to plummet dramatically...
The debate is raging on Capitol Hill over whether the era of ‘too big to fail’ banks has truly ended. Now, one player...
While inflation seems to be on everyone’s mind these days, misconceptions abound. Indeed, few concepts in economics are...
As expected, Cyprus and the EU reached a new late-night bailout deal last night that will reduce the chance that...
Avoiding moral hazard proved to be disastrous when Lehman Brothers failed. Will Cyprus be similar?
Former Lehman Brothers chief financial officer Erin Callan disappeared from the public eye after the bank's demise in...
You can be forgiven for thinking that you don't need to give a hoot about what's going on in Cyprus this weekend.
Former Lehman Brothers CFO Erin Callan, who was one of the most powerful women on Wall Street, pretty much disappeared...
Former Lehman Brothers CFO Erin Callan, who was once one of the most powerful women on Wall Street, pretty much...
In an interview with “Rock Center With Brian Williams," Erin Callan, Lehman Brothers’ former chief financial...
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