iOS app Android app

Lehman Brothers Bankruptcy


Peter Mehlman | Posted 11.28.2016 | Comedy
Peter Mehlman

"Billionaires have been flocking to Wyoming, attracted by its outdoor lifestyle and low taxes." - New York Times. Oh snap, how much do I love my ou...

Lehman Day: Making Fun of the Second Great Depression Crowd

Dean Baker | Posted 09.14.2016 | Business
Dean Baker

This week marks the 7th anniversary of the collapse of Lehman Brothers. The anniversary of this collapse, September 15th, is the day set aside to ridicule the people who warned of a second Great Depression if the Treasury Department didn't rescue the Wall Street banks.

Goldman Sachs Three on a Match: Lehman, AIG and Carmen Segarra?

Jim Treacy | Posted 12.10.2014 | Business
Jim Treacy

Lehman down, AIG up, Carmen Segarra out and a seemingly well-connected, three-peat winner, Goldman Sachs, motors on...

Americans Are Freaking Out About The Debt Ceiling

The Huffington Post | Caroline Fairchild | Posted 10.08.2013 | Business

The partial government shutdown has Americans nearly as freaked out about the economy as the event that triggered the 2008 financial crisis, according...

The 'Lessons' That Wall Street, Treasury, and the White House Need You to Believe Five Years After the Collapse of Lehman Brothers

Robert E. Prasch | Posted 11.20.2013 | Politics
Robert E. Prasch

Regrettably, what we are witnessing is the propagation of several self-serving falsehoods in the hope that the public can be induced to embrace them now that the immediacy of the events in question are in the past.

Five Years Later: Wall Street Is Still At It

Ralph Nader | Posted 11.20.2013 | Business
Ralph Nader

President Obama is clearly aware of the risk associated with Wall Street misbehavior, but he has failed to champion significant reforms. Here are several suggestions that the president should consider.

The Armageddon Looting Machine: The Looming Mass Destruction From Derivatives

Ellen Brown | Posted 11.18.2013 | Business
Ellen Brown

Increased regulation and low interest rates are driving lending from the regulated commercial banking system into the unregulated shadow banking system.

Credit Crisis: Five Years Past or Five More in the Making

Michael Pento | Posted 11.17.2013 | Business
Michael Pento

Wall Street is now reflecting upon the fifth anniversary of the Lehman Brothers bankruptcy. In fact, most are celebrating the belief that the complete collapse of the American economy was avoided. However, it is much more accurate that the Great Recession was only temporarily mollified.

The Untouchables

Reuters | Posted 11.13.2013 | Business

By Sarah White LONDON, Sept 13 (Reuters) - Will top bankers' behaviour ever land them in jail? Or are bad business decisions even a cr...

Ben Hallman

Where Are They Now? | Ben Hallman | Posted 09.16.2013 | Business

NEW YORK -- Five years after the fourth-largest U.S. investment bank collapsed, sparking a panic that many believed would bring down the world financi...

Happy Anniversary Lehman Brothers, and What We Haven't Learned About Wall Street Over the Past Five Years

Robert Reich | Posted 11.10.2013 | Politics
Robert Reich

Five years ago this month Wall Street almost went under. We bailed it out. Millions of Americans are still suffering the consequences of the Street's excesses. Yet the Street's top guns and fat cats are still treating the economy as their own private casino, and raking in even more than before.

They Won't Take That Away From Me

Tom Judson | Posted 07.13.2013 | HuffPost Home
Tom Judson

March 16 of this year I received a letter from Bank of America: "Although you have missed several of your monthly payments, it is not too late to get help. Please act quickly before time runs out." I suppose 40-odd missed payments can safely be counted as "several." But time running out? Methuselah should have such a surplus.

Erin Callan, Lehman Brothers' Former CFO, Feels Guilty, But Not For The Reason You'd Imagine

Emily Peck | Posted 05.11.2013 | Business
Emily Peck

Erin Callan feels awful about all the time she spent working to get to the top of the corporate ladder. And who in her position wouldn't?

Eleazar David Melendez

Jamie Dimon Rewrites History | Eleazar David Melendez | Posted 03.01.2013 | Business

Jamie Dimon now claims that he and his bank, JPMorgan Chase, labored to prevent the 2008 collapse of Lehman Brothers, according to documents filed in ...

Zombie Economics Explains Inflation/Deflation Split

Max Keiser | Posted 01.06.2013 | Business
Max Keiser

A deflationist zombie (Bernanke or Krugman for example) never notices price rises because their cost of borrowing easy credit is near-zero. When price...

Ben Hallman

Four Years After Lehman, U.S. Banks Fight Reform | Ben Hallman | Posted 09.15.2012 | Business

The collapse of Lehman Brothers four years ago today was the Pearl Harbor moment of a financial crisis that, over the next few months, threatened to b...

Ex-Lehman Brothers Exec Kills Himself In The Face Of Growing Financial Trouble

The Huffington Post | Alexander Eichler | Posted 06.19.2012 | Business

Charles Hopper -- 63 years old and facing mounting financial troubles -- hanged himself in the garage of his Connecticut home last month. But five yea...

Ben Hallman

In Widely Published Photo, A House That Illustrates The Foreclosure Crisis | Ben Hallman | Posted 04.24.2012 | Business

ISLIP, N.Y. -- Photographer Spencer Platt spotted the small white house with boarded-up windows and doors a couple months ago, when he was out here on...

Lehman Brothers Investigator: 'They'd Fudged The Numbers'

The Huffington Post | Harry Bradford | Posted 04.23.2012 | Business

Lehman Brothers, the firm that collapsed four years ago causing a global financial crisis, misrepresented its financial health prior to its bankruptcy...

Alexander Eichler

Report Highlights Legality Of Lehman Brothers 'Gut Feeling' Business | Alexander Eichler | Posted 12.09.2011 | Business

In the years leading up to its collapse, Lehman Brothers nearly doubled its risk and took a scattershot approach to valuing its assets, according to a...

Lehman Wins Approval To End Largest Bankruptcy In U.S. History

Reuters | Posted 02.05.2012 | Business

NEW YORK - Lehman Brothers Holdings Inc on Tuesday won court approval for its reorganization plan, allowing it to end the largest bankruptcy in U....

Investors Can Sue S&P In German Court Over Lehman

Posted 11.28.2011 | Business

A German regional court has opened the door to an investor law suit against credit rating agency Standard & Poor's over its assessment of Lehman Broth...

Sheared by the Shorts: How Short Sellers Fleece Investors

Ellen Brown | Posted 11.30.2011 | Business
Ellen Brown

Why did gold and silver stocks just get hammered, at a time when commodities are considered a safe haven against global uncertainty? The answer is that the sector has been the target of massive short selling.

3 Years After Lehman Brothers Collapsed, and We Haven't Learned a Friggin' Thing

Jeff Reeves | Posted 11.16.2011 | Business
Jeff Reeves

Americans need loans to start businesses, go to college, buy homes, protect themselves in times of crisis and countless other things. The nation needs to relearn how to use debt as a tool to build and protect wealth, not destroy it.

Goldman Accused Of Purposefully Moving At 'Glacial Pace' In Probe

Posted 08.01.2011 | Business

(Santosh Nadgir) - Lehman Brothers Holdings Inc accused Goldman Sachs Group Inc of intentionally trying to delay providing documents related to a prob...