New "Too Big To Fail" Bill Gives Feds Power To Freeze Derivatives Contracts
The "Too Big To Fail" legislation currently being debated by a House committee has been widely criticized as toothless. But one provision gives the fe...
The "Too Big To Fail" legislation currently being debated by a House committee has been widely criticized as toothless. But one provision gives the fe...
businessinsider.com | Lawrence Delevingne | Posted 10.27.2009 | Business
On November 1st, Philadelphia auction house Freeman's is holding the first of two sales of nearly 700 pieces from Lehman Brothers' private art collect...
Mary Shannon Little | Posted 10.12.2009 | Business
One would hope Congress would have approached Wall Street reform with the same gusto they have brought to debating a public option in health care. It's time to tackle the thorny issues that brought us to this point.
Diane Tucker | Posted 10.11.2009 | Business
Taibbi, Rolling Stone magazine's teen heartthrob, became a sensation last month after calling Goldman Sachs "a giant vampire squid wrapped around the face of humanity."
Iris Erlingsdottir | Posted 10.01.2009 | World
This has been a very rough year for Iceland, and it's not likely to get better anytime soon. The public's anger continues to grow, and it would not be surprising if this winter sees a repeat of last winter's uprising.
Pablo Triana | Posted 09.19.2009 | Business
A (large) group of bankers has been mauled by the mayhem-igniting actions of another (small) group of bankers.
Alexi Giannoulias | Posted 09.15.2009 | Chicago
We are no more insulated from a financial crisis today than we were one year ago. Congress has not changed a single rule, habit or practice to stop this economic calamity from happening again.
Reuters | Clare Baldwin, Jui Chakravorty and Jonathan Spicer | Posted 10.23.2009 | Business
The man vilified for the collapse of Lehman Brothers (LEHMQ.PK) almost a year ago, a failure that triggered the global economic crisis, seemed burdene...
Ellen Brown | Posted 10.23.2009 | Business
Why was Bear Stearns saved from bankruptcy but Lehman Brothers was not? How could the decision makers not realize the dire consequences of letting Lehman go down?
Sheldon Filger | Posted 10.22.2009 | Business
The calculation made by Bernanke and Paulson that Lehman Brothers was expendable, especially in light of the measures taken to save AIG, Merrill Lynch and Bear Stearns, not to mention Fannie Mae and Freddie Mac, was destined to be proved fatally flawed.
bloomberg.com | Linda Sandler | Posted 08.09.2009 | Business
July 9 (Bloomberg) -- Lehman Brothers Holdings Inc., the investment bank liquidating in bankruptcy, paid its advisers $262.6 million for nine months o...
Stuart Whatley | Posted 05.02.2009 | Politics
Surely there is nothing new about double standards in business and finance, especially in the current crisis. In fact, there may even be a rising double standard for what constitutes a double standard.
Bloomberg | Linda Sandler | Posted 03.28.2009 | Home
Feb. 25 (Bloomberg) -- A General Motors Corp. bankruptcy might yield a $1.2 billion "bonanza" for bankers, accountants and lawyers, surpassing record ...
Dealbook/NYTimes | Michael J. de la Merced | Posted 03.05.2009 | Business
The federal court judge overseeing the bankruptcy case of Lehman Brothers was arrested on Saturday after allegedly hitting his wife. James M. Peck,...
Reuters | Posted 01.29.2009 | Business
Lehman Brothers Holdings Inc's emergency bankruptcy filing wiped out as much as $75 billion of potential value for creditors, The Wall Street Journal ...
Clusterstock | John Carney | Posted 01.02.2009 | Business
The blockbuster article in New York magazine made it clear that Dick Fuld was telling investors and creditors one thing about the health of Lehman Bro...
Clusterstock | John Carney | Posted 11.10.2008 | Business
So the final results from the Lehman Brothers CDS auction are in, and they're even uglier than expected. Finally price is 8.625 cents on the dollar. ...
The Daily Beast | Dr. Stephen Josephson | Posted 11.06.2008 | Business
A New York psychiatrist says caustic verbal abuse is the best treatment for traumatized Wall Street jocks. Last week the bottom dropped out of the fi...
Business & Media Institute | Jeff Poor | Posted 11.06.2008 | Business
It seems anxiety from the financial crisis is reaching new highs, but the tipping point for one individual came at the Lehman Brothers gym in the ...
Reuters | Bill Berkrot | Posted 11.03.2008 | Business
Disgraced CEO Richard Fuld, who oversaw the demise of venerable Lehman Brothers Holdings Inc that helped tip the credit crunch into a full-blown crisi...
Stephen Viscusi | Posted 11.02.2008 | Business
We're all on orange alert. In today's economic climate, no one's job is secure. So how to make sure you're one of the lucky ones who dodges the layoff bullet?
IvyGate | Dan Haley | Posted 11.03.2008 | Business
George, an Ivy-educated pseudonymous banker working as an analyst at Merrill Lynch, describes how he found out about Bank of America's buyout of Merri...
Huffington Post | Dave Burdick | Posted 10.24.2008 | Business
After Barclays PLC bought Lehman Brothers' New York headquarters -- among other North American assets -- it switched the well-known Lehman Brothers di...
Stefan Roberts | Posted 01.27.2009 | Green
Attitudes can change. People can change. Even, dare I say it, companies can change.
Vicky Ward | Posted 10.23.2008 | Business
"It just made us feel that in the end the Americans just looked after themselves and shafted us," one British executive at Lehman London told me. "All this talk of 'we are one bank' had amounted to nothing."
HuffingtonPost.com | Shahien Nasiripour | Posted 11.03.2009 | Business