Lehman Brothers Holdings News

This should come as no surprise, given that there were two distinct recessions and bear markets that savaged the U.S. economy over this period.

The article below was first published on The Am Law Daily . We've spent a lot of time dissecting Bank of America's decision to partially waive attorney-client privilege under pressure from federal authorities investigating the bank's frenzied merger with Merrill Lynch.

One person is dead, and six are recovering after an early morning shooting in Reading.

ABOUT 1000 small investors, including several Australian local councils and charities, are a step closer to recovering $125 million worth of bonds that have been the subject of a legal battle since the collapse of Lehman Brothers.

WASHINGTON, Nov. 4 /PRNewswire/ -- Updating research first released in 2006, Securities Litigation and Consulting Group, Inc.

Luxembourg could draw hedge funds in their droves as European investors retreat from offshore vehicles and seek to rein in liquidity and counterparty risk in the post-Madoff, post-Lehman environment.

Wall Street firms that sold mortgage- backed securities to a $30 billion pool run by the state of Florida for local governments are under investigation for fraud by the U.S. Securities and Exchange Commission.

Barclays Plc and Nomura Holdings Inc. , which never ranked among the top 10 merger advisers worldwide in the past decade, are luring hundreds of bankers as competitors cut jobs and cap bonuses under government pressure.

Disgraced ex-New York Times reporter Jayson Blair talking to college students about ethics? What's next? The former head of Lehman Brothers on financial risk management? Such was the blogosphere's snarky tone last week when Washington & Lee University in Virginia announced Blair would speak Friday at a journalism conference there.

Bankruptcy is normally the end for financial companies. Will a pre-packaged plan allow CIT to survive? The bankruptcy filing of CIT Group on Sunday will serve as a test of whether a financial company can emerge from court protection and continue to operate.

A high-flying New Zealand banking executive says she was hounded out of her 250,000 pounds a year job in London by sexist Japanese bosses.

CIT Group Inc. on Sunday filed for Chapter 11 bankruptcy protection. CIT's filing is the fifth largest bankruptcy in U.S. history, behind Lehman Brothers Holdings Inc.

Nov. 2 -- Bloomberg's Bradley Keoun reports on the cash positions of U.S. banks.

Nov 2nd 2009 at 10:01PM Another chapter in the history of Lehman Brothers is now closed.

CIT Group's filing for Chapter 11 protection is the fifth-largest in U.S. history.

Nov. 2 -- An eclectic batch of artworks that once adorned the corporate offices of Lehman Brothers Holdings Inc.

HONG Kong officials said on Monday they have tightened regulation of complicated investment products after thousands of local retail investors were burned by Lehman Brothers-backed derivatives last year.

After struggling for months to avert bankruptcy, lender CIT Group has filed for Chapter 11 protection in an attempt to restructure its debt while trying to keep badly needed loans flowing to thousands of mid-sized and small businesses.

CIT Group Inc.'s board of directors, in what would be among the biggest corporate bankruptcies ever, said Sunday it has approved the filing of a prepackaged reorganization plan.

This is now the second book we've read on the demise of failed investment bank Lehman Brothers and today we're here to review Joseph Tibman's The Murder of Lehman Brothers: An Insider's Look at the Global Meltdown .