13 hrs ago | MSN Money
"Brave" post-Lehman M&A rewarded by market -study
Stock markets rewarded companies such as Johnson & Johnson and Cisco who were brave enough to make acquisitions in the months after Lehman Brothers' collapse, a study released on Monday showed.
21 hrs ago | The Times of India
Raghuram Rajan hit the headlines in India six years ago when he was appointed as the chief economist of the International Monetary Fund.
Quick justice and corporate failure
Jailed for 150years . . . Bernie Madoff was found guilty of robbing investors of $US50 billion.
Hong Kong Banks Must Bear Losses on Lehman Minibonds, Investor Group Says
Hong Kong investors in notes linked to failed Lehman Brothers Holdings Inc. will balk at a reported compensation offer of just 60 to 70 cents on the dollar, said a group representing individuals who bought the securities.
Clearing key to making derivatives safer: EU
Derivatives pose risks on financial markets that central clearing of contracts would mitigate, the European Commission said on Friday, outlining plans that fall short of more radical U.S. steps.
The road to redemption: When high flyers crash and burn it's not always fatal
Home improvement queen Martha Stewart has picked up the reins to her business empire after spending five months in prison over a suspect stock deal.
Manhattan Apartment Prices Slide 42% as Lehman, Bear Stearns Woes Hit Home
Manhattan apartment prices dropped for the first time since 2002 in the second quarter as the collapse of Lehman Brothers Holdings Inc.
Citigroup Bonds Offer Good Value
Bank issued credits were as dependable as sunshine in Santa Fe until Lehman Brothers went down, and investors in Lehman debt got soaked, not to mention that a full-blown credit crisis was unleashed.
Goldman and Rolling Stone Writer Go to War
It seems that a war of the words has broken out between Goldman Sachs and Rolling Stone contributing editor Matt Taibbi, who authored an article sub-titled: "How Goldman Sachs took over Washington by engineering every major market manipulation since the Great Depression." The 12-page article focuses on Goldman Sachs's Teflon-like quality, as the ...
VIDEO: VIX Below Lehman Bankruptcy Level
The VIX index fall to its lowest level since the collapse of Lehman Brothers.
Wall Street's Fear Gauge Suggests Worst is Over
Growing confidence that the U.S. economy is putting the worst recession in decades behind it has pushed the index known as Wall Street's fear gauge to its lowest level since just before Lehman Brothers collapsed last September.
Poll finds Alan Greenspan to blame for credit crisis
Greedy bankers are routinely blamed for the credit crisis but one British-based poll of -- well, financiers -- spreads the blame more widely.
VIX Drops to Lowest Level Since Lehman Collapse as Stocks Rally, Fear Ebbs
The benchmark index for U.S. stock options returned to its level before the September collapse of Lehman Brothers Holdings Inc., as an almost four-month rally in equities and signs the economy is improving helped calm concern spurred by the worst recession in 51 years.
The Sheraton Keauhou Bay Resort & Spa on the Big Island is going into foreclosure after the resort's owner defaulted on its mortgage - another sign Hawaii's beleaguered tourism industry is suffering during the global recession.
Financial system 'not out of woods yet', says global regulator
The head of the international body tasked with restoring stability to the world's financial system said Saturday that the system had improved significantly but was "not out of the woods yet." "We are more or less back at what we were before Lehman, but we are not back to before the crisis," Financial Stability Board chair and Italian central bank ...
ST: Lehman saga: Two thirds get payment offer
June 27, 2009 One in four who had mis-selling complaints fully compensated By Francis Chan MORE than two-thirds of the investors in Singapore who complained of mis-selling after losing money from the collapse of US investment bank Lehman Brothers, have been offered compensation.
Nomura Chief Watanabe Targets Return to Profit, Dividend, Shareholder Says
Nomura Holdings Inc. Chief Executive Officer Kenichi Watanabe said Japana s biggest brokerage is seeking to return to profit and resume paying dividends this year, according to shareholders.
SEC proposes tough rules for money market funds
U.S. securities regulators proposed tough new rules for money market funds to help avoid a repeat of what happened when the collapse of the Reserve Primary Fund triggered a wave of redemptions in the $3.67 trillion market.
Pension Agency Takes Over Lehman Brothers Plan
The Pension Benefit Guaranty Corp. has assumed control of the pension fund of Lehman Brothers Holdings, PBGC spokesman Jeffrey Speicher said Friday, June 19.
Asians snap up fine wine in soft auction market
Asia is saving the fine wine auction market. Asian buyers bought the three highest grossing lots at Christie's June 6 auction in South Hampton, New York, including spending $16,900 for a 12-bottle case of 1982 Chateau Lafite-Rothschild. And at Sotheby's New York auction, it was an Asian collector who bought a case of 1990 Le Pin for $48,400, more ...