1 hr ago
Hedge-fund manager: "We are witnessing our second tech bubble in 15 years"
David Einhorn has a three-pronged thesis as to why we're in bubble territory -- and the result won't be pretty We're in a world where venture capital flows to companies without clear sources of revenue , Facebook buys apps for billions and Twitter is a publicly traded company.
Trending on the Topix Network
5 hrs ago
Is David Einhorn right about the coming tech bust?
The hedgie seems to think it's time to start shorting some of the "cool kid" companies that are valued more on buzzwords than on revenue or profits Is the U.S. in another tech bubble? David Einhorn, who runs a $10 billion hedge fund, seems to think it's time to start shorting some of the "cool kid" companies that are valued more on buzzwords than ... (more)
16 hrs ago
This Is Bristol
THE boss of the London Stock Exchange Group is the latest speaker to address the business community at the Bristol Distinguished Executive Address Series.
Tue Apr 22, 2014
Does Jeb Bush Want to Run?
A tally of Jeb Bush's many lucrative board positions and consulting gigs paint a complicated picture of the former Florida governor's chances at surviving a campaign for the White House.
Top L.A. bankruptcy law firm to close doors
The well-known Los Angeles-based bankruptcy law firm Stutman Treister & Glatt, which once advised on the Chapter 11 proceedings of companies including Lehman Brothers and Enron Corp, has announced it is closing.
Lehman: New Limitations on Plan Payment of Individual...
In the recent case of Davis v. Elliot Mgmt. Corp. , 2014 U.S. Dist. LEXIS 48102 , the District Court for the Southern District of New York issued a decision barring reorganization plans from paying legal fees of individual members of official creditors' committees absent a showing of substantial contribution to the estate.
Mon Apr 21, 2014
Desperate Mission: Jeb Bush Asked Mexican Billionaire Carlos Slim To Save Lehman Brothers
In the summer of 2008, as the worst financial crisis since the Great Depression was unfolding, Jeb Bush, Florida's former governor and brother of then President George W. Bush, traveled to Mexico to ask Mexican telecom mogul Carlos Slim Hel to rescue Lehman Brothers, The New York Times reported.
Jeb Bush's Rush to Make Money May Be Hurdle
Jeb Bush "left public office seven years ago with a net worth of $1.3 million and an unapologetic determination to expand his wealth, telling friends that his finances had suffered during his time in government," the New York Times reports.
Fri Apr 18, 2014
Sydney Morning Herald
What happens if a bank deemed too big to fall did?
Five-and-a-half years ago, amid the financial strife unleashed by the collapse of Lehman Brothers, the US government stepped in to bail out financial institutions across the US - deciding the risk of moral hazard was preferable to an even greater financial calamity.
Thu Apr 17, 2014
Deutsche Asset & Wealth Management Hires Chris Guttilla
Guttilla has more than 25 years of experience covering ultra-high-net-worth individuals and family offices.
Wed Apr 16, 2014
Christian Science Monitor
Internet makes global economy vulnerable to Lehman-like crash, study says
The scene of employees leaving the Lehman Brothers headquarters in New York is the enduring image of the 2008 crash.
UWE Bristol hosts Xavier Rolet, Chief Executive, London Stock Exchange Group
Xavier Rolet, Chief Executive, London Stock Exchange Group, is the latest speaker to address the business community at the Bristol Distinguished Executive Address Series .
Tue Apr 15, 2014
Wall Street Journal
The Spark That Could Set Fire to China's Growth Plans
The deepening property glut in China's smaller and medium-sized cities is the kindling that could set ablaze the country's plans for steady 7.5% growth.
Sun Apr 13, 2014
King of the Blues, B.B. King, plays Lehman College in the Bronx on April 19
Legendary Blues singer, songwriter and guitarist, B.B. King will be coming to the Lehman Center for the Performing Arts in the Bedford Park section of the Bronx, continuing his phenomenal tradition of more than a half a century of performances.
The New Zealand Herald
Is positive thinking a costly delusion?
I am going to be very rich, very soon. Money is coming in from the Ivory Coast. Apparently, I'm related to a prince over there, and he needs me to help him park a boatload of cash in America.
An Economic Sanctions Menu Targeting Russia
As Russia fosters heightened instability in the eastern portions of Ukraine  , we should be considering what methods will impose maximum pain on Russian policymakers.
Fri Apr 11, 2014
Alex Brummer: George Osborne & Co expect fresh market volatility
There is nothing unusual about volatility in financial markets. After all, equity markets are currently in a state of paroxysm over tech stocks after a series of unconvincing initial public offerings on both sides of the Atlantic.
The Washington Post
The negative power of positive thinking
Richard Fuld, head of Lehman Bros., was warned of the real estate bubble. But amid the exuberance of the financial markets - a type of "positivity delusion" - the warning was not welcome, and Lehman continued on the path that brought bankruptcy in 2008.
Investment Firm FORT Management Expands Operations, Launches New York Office
Balcer and Kumar. The firm manages approximately Mr. Balcer is heading up FORT's new office, located at 540 Madison Avenue, and is being joined by two new managing directors - Mr. Marantz is experienced in institutional asset management, having spent 26 years at Lehman Brothers, where he held various leadership roles including global head of ... (more)
COMPLY-Big win offers Wall St. brokers path to clean up records
There is hope for Wall Street brokers whose professional histories are marred by complaints from customers about securities that went sour after their brokerage firms promoted them as safe.