lehman brothers holdings

Scuffle in HK protest over Lehman-linked products

Newsvine - business  Fri, 10/31/2008 - 05:32

Investors in financial products linked to collapsed U.S. investment bank Lehman Brothers Holdings Inc. scuffled with security guards at a bank in Hong Kong on Friday, as some 200 people protested in the financial district against institutions that sold the now worthless products.


 

OfficeMax delays 3Q results to study Lehman impact

Newsvine - business  Wed, 10/29/2008 - 17:44

OfficeMax Inc. delayed its third-quarter results on Wednesday, saying it needed extra time to determine the size of a non-cash impairment charge related to the bankruptcy of Lehman Brothers Holdings Inc.


 

Singapore DBS says Lehman-linked notes worthless

Newsvine - business  Wed, 10/29/2008 - 01:52

Singapore's DBS Group said 103 million Singapore dollars ($68 million) of structured notes linked to bankrupt U.S. brokerage Lehman Brothers Holdings are now worthless.


 

Prosecutors subpoena ex-Lehman CEO Richard Fuld

Digg - Business & Finance  Sun, 10/19/2008 - 10:30

Former Lehman Brothers Holdings CEO Richard Fuld has been subpoenaed in an ongoing federal investigation of the demise of the bank...


 

The Dow Jones industrials' moves since Lehman fall

Newsvine - business  Mon, 10/13/2008 - 18:59

How far the Dow Jones industrial average has fallen or advanced each trading day since Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection on Sept. 15.

After Lehman's fall, the credit markets seized up, generally sending stocks plunging and eventually leading to the creation of the government's financial rescue plan.

The numbers are the closing levels for the Dow:


 

JPMorgan Caused Lehman Bros. Collapse

Newsvine - business  Sat, 10/04/2008 - 10:53

Oct. 4 (Bloomberg) -- Lehman Brothers Holdings Inc.'s main lender and clearing agent, JPMorgan Chase & Co., caused the liquidity crisis that led to Lehman's collapse, creditors said.


 

Private equity firms to buy Lehman's Neuberger

Newsvine - business  Mon, 09/29/2008 - 12:18

Lehman Brothers Holdings Inc. on Monday agreed to sell its investment management business to a pair of private-equity firms, fetching $2.15 billion as the bankrupt investment bank continues its liquidation.


 

FBI investigating companies at heart of meltdown

Digg - Business & Finance  Wed, 09/24/2008 - 09:30

The FBI is investigating four major U.S. financial institutions whose collapse helped trigger a $700 billion bailout plan by the Bush administration.

Two law enforcement officials said the FBI is looking at potential fraud by mortgage finance giants Fannie Mae and Freddie Mac, Lehman Brothers Holdings Inc., and insurer American International Group


 

Nomura buys Lehman Brothers Asia units for $225M

Newsvine - business  Mon, 09/22/2008 - 06:46

Nomura Holdings Inc., Japan's largest brokerage, reached a deal to buy the Asian operations of bankrupt U.S. investment bank Lehman Brothers Holdings Inc., according to people familiar with the matter.


 

Putnam Fund closes after investors pull cash

Newsvine - business  Thu, 09/18/2008 - 15:09

Putnam Investments on Thursday suddenly closed a $12 billion money-market fund and announced plans to return investors' money after institutional clients pulled out cash despite the fund's lack of exposure to troubled financial firms such as Lehman Brothers Holdings Inc.