lehman brothers

Lehman Brothers sues Citigroup for $2.5B

Newsvine - business  Thu, 02/09/2012 - 19:02

Lehman Brothers Holdings Inc. is suing several units of Citigroup Inc. to recover $2.5 billion it transferred to a backup account at Citi months before seeking bankruptcy court protection.


 

Stocks drop amid fears over global economy

MSNBC.com: Business  Fri, 09/30/2011 - 07:36

U.S. stock prices tumbled at Friday’s opening bell, setting Wall Street up for its biggest quarterly loss since the collapse of Lehman Brothers three years ago.


 

What determines a company's performance? The shape of the CEO's ...

http://www.eurekalert.org/rss/business.xml  Wed, 08/24/2011 - 22:00

(Association for Psychological Science) Believe it or not, one thing that predicts how well a CEO's company performs is the width of his face.

CEOs with wider faces, like Herb Kelleher, the former CEO of Southwest Airlines, have better-performing companies than CEOs like Dick Fuld, the long-faced final CEO of Lehman Brothers.


 

Stocks tank as markets enter bear market territory

Newsvine - business  Tue, 08/09/2011 - 00:30

Stocks tanked again Tuesday as many global markets entered official bear market territory after one of the worst days on Wall Street since the collapse of Lehman Brothers in 2008.


 

Lehman Brothers trustee sues Citibank for 1.3B

Newsvine - business  Sat, 03/19/2011 - 13:24

The trustee overseeing the bankruptcy of Lehman Brothers' brokerage unit is suing Citibank for more than $1.3 billion.


 

Maria Bartiromo: Debt Was the Poison

Topix - Business News  Thu, 09/16/2010 - 02:46

In this interview, CNBC anchor Maria Bartiromo talks about covering Wall Street during the critical days and the aftermath of the Lehman Brothers collapse -- the subject of her new book, "The Weekend That Changed Wall Street." Your book is a play-by-play of the Lehman collapse that took place two years ago.


 

Bernanke Says He Failed to Spot Flaws in Financial System

NYT > Business  Thu, 09/02/2010 - 13:10

The Federal Reserve chairman also told the financial crisis panel that it was impossible for the government to save Lehman Brothers in 2008.

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Lehman, Wachovia CEOs coming before panel

Newsvine - business  Tue, 08/31/2010 - 22:03

An inquiry panel is hearing from former CEOs of two big banks that succumbed to the financial crisis, Lehman Brothers and Wachovia Corp., as it delves into the "too big too fail" predicament and potential systemwide risk from financial institutions.


 

Budde Says Lehman's Fuld Understated His Pay to Congress: Video

Topix - Business News  Fri, 04/30/2010 - 13:15

April 30 -- Oliver Budde, a former associate general counsel at Lehman Brothers, talks with Bloomberg's Erik Schatzker and Deirdre Bolton about former Lehman Chief Executive Officer Richard Fuld's compensation.