The Federal Reserve and Treasury are actively helping Lehman Brothers put itself up for sale, and officials are hoping a deal will be in place this we...
The New York Times | Andrew Ross Sorkin | Posted 05.25.2011
"I will hurt the shorts, and that is my goal," Richard S. Fuld Jr. fumed. It was April, and Mr. Fuld was blaming short sellers, one of the most malig...
The New York Times | LOUISE STORY | Posted 05.25.2011
Only a year ago, Wall Street reveled in an era of superlatives: record deals, record profit, record pay. But a mere 12 months later, nearly half of th...
CNN/Money | Colin Barr | Posted 05.25.2011
Lehman Brothers (LEH) may be in for a long day. Shares of the brokerage firm slid 15% in early trading after the firm said it's got enough cash to kee...
Mortgage News Daily | Posted 05.25.2011
The news wasn't surprising but the price tag was a real stunner. On Sunday J.P. Morgan chase agreed to pay $2 per share to acquire failing Wall Stree...
Washington Post | David Cho and Heather Landy | Posted 05.25.2011