'Megalomania, Insanity, And Evil' Caused Housing Bubble: Berkshire Exec
Charles Munger, the always-quotable vice chairman of Berkshire Hathaway, wasn’t mincing words on Friday. “The bubble in America was caused by s...
Charles Munger, the always-quotable vice chairman of Berkshire Hathaway, wasn’t mincing words on Friday. “The bubble in America was caused by s...
Posted 08.01.2011
(Santosh Nadgir) - Lehman Brothers Holdings Inc accused Goldman Sachs Group Inc of intentionally trying to delay providing documents related to a ...
The New York Times | JOE NOCERA | Posted 05.25.2011
So much for Angelo Mozilo taking the fall for the financial crisis. Late last week, word leaked out that Mr. Mozilo, who had co-founded Countrywide F...
Posted 05.25.2011
WASHINGTON (AP, By Marcy Gordon) -- Federal bank regulators on Wednesday defended their actions leading up to the collapse of Lehman Brothers and the ...
BusinessWeek | Linda Sandler | Posted 05.25.2011
June 11 (Bloomberg) -- "Just between us," it may be "stupid" to use certain words in e-mail to "discuss" the "big trouble" you might face if you're ev...
Huffington Post | Nathaniel Cahners Hindman | Posted 05.25.2011
Over the last year and a half, Congressional committees and bipartisan panels like the Financial Crisis Inquiry Comission (FCIC) charged with investig...
Posted 05.25.2011
In a letter to Attorney General Eric Holder, Sen. Chris Dodd (D - Conn.), the chairman of the Senate Banking Committee, called for an investigation in...
Huffington Post | Ryan McCarthy | Posted 05.25.2011
Welcome to the Bizarro World of former Lehman Brothers executives. If you can believe it, some ex-Lehman executives are actually claiming that the...
Huffington Post | Ryan McCarthy | Posted 05.25.2011
** UPDATE: Scroll down to see Dylan Ratigan's segment ** The arcane "accounting gimmick" employed by Lehman Brothers as the firm failed in 2007 and...
Yvette Kantrow | Posted 05.25.2011
So here we are in the middle of March, which for the financial media, means one thing: It's time to worship at the altar of Warren Buffett. After soak...
Fortune's Stanley Bing | Posted 05.25.2011
Other guys who haven't apologized enough: John Edwards, Eliot Spitzer, Richard Fuld, Tiberius Caesar, Alan Greenspan, and the guys from the cable company who told me they were going to be there between 8 AM and noon.
Lawrence G. McDonald | Posted 05.25.2011
These 21st century banks have become deadly, systemically risky dominoes that can crush us all if they fail, or can bankrupt us all with debt if we have to bail them out.
David Paul | Posted 05.25.2011
Our banking system is structurally flawed, and the changes instigated by the passage of the Financial Services Modernization Act of 1999 should be fundamentally reconsidered.
Huffington Post | Ryan McCarthy | Posted 05.25.2011
If you thought that the executives at Lehman Brothers and Bear Stearns paid dearly in when their firms famously imploded last year, think again. A ne...
Reuters | Clare Baldwin, Jui Chakravorty and Jonathan Spicer | Posted 05.25.2011
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...
Newsweek | Evan Thomas and Michael Hirsh | Posted 05.25.2011
Hank Paulson, former master of the universe, sits in a nondescript office in northwest Washington, D.C. He is trying to work on his memoirs, but he is...
New York Times | EDUARDO PORTER | Posted 05.25.2011
There are probably good reasons to give Richard Fuld a job at the hedge fund Matrix Advisors. He is familiar with byzantine financial products: Lehman...
Portfolio | Posted 05.25.2011
We asked a group of eight former prosecutors and other legal experts (some of whom asked to remain anonymous) about which of the meltdown's disgraced ...
Wall Street Journal | Susanne Craig | Posted 05.25.2011
He's back in the fold. Late Friday an assistant to former Lehman Brothers Chairman and Chief Executive Officer Richard Fuld Jr. sent a blast email sa...
David Paul | Posted 05.25.2011
It needs to be said: The Congress of the United States has no business setting the terms of executive compensation.
Paul Jenkins | Posted 05.25.2011
While there are many victims in the colossal Ponzi scheme that is the American economy, few of these victims have not in some way been complicit.
MSNBC | Matthew Kirdahy | Posted 05.25.2011
The bloodletting in the c-suite started in 2007. It still hasn't stopped. Another year goes by and more chief executives get the ax -- probably more ...
Clusterstock | John Carney | Posted 05.25.2011
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...
The Guardian | Julia Kollewe | Posted 05.25.2011
The bankrupt investment bank Lehman Brothers wants to sell at least $8m (�5.2m) worth of the art collection that once decorated its offices. The new...
New York Times | Posted 05.25.2011
The chief executive of the failed Lehman Brothers, Richard S. Fuld Jr., will be "terminated" by the investment firm without any bonus, a lawyer for Le...
The Huffington Post | Alexander Eichler | Posted 08.31.2011