Topic: Lehman Brothers Inc.

Court approves Lehman plan to exit bankruptcy

NEW YORK (Reuters) - Lehman Brothers Holdings Corp, now just the odds and ends of the global financial behemoth that collapsed in September 2008, received court approval on Tuesday to exit bankruptcy early next year.Lehman may now wind down its remaining operations, ...

Lehman Brothers close to naming a new board: report

(Reuters) - The bankruptcy estate of Lehman Brothers Holdings is close to naming a new board of directors to help finish winding down the collapsed financial firm, the Wall Street Journal said, citing people familiar with the matter.The new board, made up ...

Lehman Brothers close to naming a new board - WSJ

(Reuters) - The bankruptcy estate of Lehman Brothers Holdings is close to naming a new board of directors to help finish winding down the collapsed financial firm, the Wall Street Journal said, citing people familiar with the matter.The new board, made up ...

Rate cuts may face stiff resistance at ECB

FRANKFURT (Reuters) - The European Central Bank may have abandoned any hope it still harbored of being able to hike interest rates, but it may take more than a mild dose of recession for it to do a complete U-turn and start ...

Lehman Brothers hails new deal with creditors

Lehman Brothers, the investment bank whose collapse triggered the global financial crisis, said on Friday it had reached a deal with creditors vying for $65 billion of the failed bank's assets.The agreement has the support of 30 institutions and their affiliates who ...

Goldman says group may file rival Lehman plan

NEW YORK (Reuters) - Goldman Sachs Group said it is part of a creditor group that may file an alternative plan for dividing up billions of dollars of Lehman Brothers' Holdings assets.The plan would compete with a revised proposal submitted by Lehman ...
The five biggest corporate bankruptcies - and nine of the top 10 - in the U.S. all occurred in the first decade of the 21st century. The technology sector was the worst hit in the 2000-2002 downturn - the Nasdaq Composite tumbled ...

What If Lehman Brothers had been Lehman Sisters?

Go to the movies and find out. Throwing in some sex and conspiracy theories, Inside Job puts the Spitzer prostitute scandal in perspective. Spitzer's persecution emerges as revenge for his attacks on Wall Street. In short, a woman stands out as the ...
It will be a time I remember for the rest of my life.Waking up to historic, unbelievable and frankly surreal headlines crackling outof my unassuming little radio alarm clock. Slowly coming round to news of one major household name after anotherfailing or ...
Artwork from doomed investment bank Lehman Brothers is being sold at an auction in London. Christie says that Wednesday's sale is expected to raise about 2 million pounds ($3.1 million), a tiny fraction of the $613 billion in debts held by Lehman ...
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