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New Study Reveals Details of Executive Compensation
Critics of executive pay have more reason to be angry. A new study has found that executives at two firms - Lehman Brothers and Bear Stearns - walked away with huge payouts even as their shareholders were losing almost everything.
Pro rata payout ordered for Reserve Primary fund
Reserve Primary investors waiting for cash from the money-market mutual fund whose September 2008 crash helped freeze global credit markets must share equally in its losses, a federal judge said Wednesday.
Judge Paves Way for Moonlight Basin's Opening
A bankruptcy judge said Tuesday that Moonlight Basin can use money from a recent sale of a $1.4 million condo to conduct business as usual at the resort - a ruling that company officials say will ensure that lifts will be running this December.
Judge paves way for Moonlight Basin's opening
A bankruptcy judge says Moonlight Basin can use money from a recent sale of a $1.4 million condo to conduct business as usual at the resort a ruling company officials say will ensure that lifts will be running this December.
Study backs link between pay, risk
Lehman Brothers Holdings Inc. and Bear Stearns Cos. executives made $2.5 billion from 2000 to 2008, a sign pay policies may have encouraged risk-taking that doomed the companies, a Harvard University study said.
Bear Stearns, Lehman Execs Kept Billions . . .
Everyone knows that senior execs at Bear Stearns and Lehman Brothers were paid largely in stock, and that they lost most of their wealth when the companies collapsed, right? Turns out, not so much: "Three professors at Harvard are disputing that logic in a new study, saying it is an urban myth that executives at Bear and Lehman were wiped out along ...
Hedge Funds May Get $11 Billion Frozen at Lehman
Lehman Brothers International , where more than $35 billion of hedge fund assets have been frozen since the bank's collapse last September, could return about $11 billion to fund managers by March if enough firms approve a new plan.
The most recent major SEC appointment is worrying. In general, Obama's appointments in finance have been uninspiring.
Go Ahead and Yell. Hea s Everyonea s Punching Bag.
DEVIN LEONARD ESTERO, Fla. Banks often hire Norman Radow to handle the myriad unpleasantries of the real estate mess.
The Fed Backed Itself into a Corner
Over the years, I have warned a seemingly countless number of undergraduates that Fed's hold on monetary independence was tenuous at best.
Simplifying a complex financial saga
In a way, it all began on the 16th of March, 2008, when Bear Stearns, "the smallest but scrappiest of Wall Street's Big Five", fainted in the arms of JP Morgan with the US Treasury acting as matchmaker and priest.
Dollar keeps gaining as traders pare risk exposure
The safe-haven dollar kept rising Friday and Treasury yields hovered around their lows for the year as worries about the economy in 2010 continued to weigh on traders' taste for risky bets.
Under attack, Geithner defendscostly AIG bailout
Timothy Geithner, U.S. treasury secretary, testifies at a joint Economic Committee hearing on financial regulatory overhaul in Washington, D.C., U.S., on Thursday, Nov.
Lehman claims may total up to 1 trilllion
The number of claims against collapsed Lehman Brothers could top $1 trillion , according to the man running the investment bank's liquidation.
Lewis: Morgan Stanley CEO's defiant speech clicks around the world
Morgan Stanley Chairman John Mack is becoming a YouTube sensation. A 26-minute video of a talk he gave on "Leadership in Crisis" at University of Pennsylvania's Wharton School last month has garnered more than 18,600 page views and 4.5 stars.
KDB Financial's Min Rues `Very Good Opportunity' He Missed to Buy Lehman
KDB Financial Group Inc. Chairman Min Euoo Sung said his failed attempt to buy Lehman Brothers Holdings Inc.
Ghost Towns in China Prove GDP is a Farce
This is a guest post written by Wall St. Cheat Sheet Editor-in-Chief Damien Hoffman .
HFT Shops Influence Job Market on Wall Street
Is high-frequency trading driving a wholesale transformation of the job market on Wall Street? It certainly seems that way, given recent comments by industry executives who point to the insatiable demand for programmers who can build ultralow-latency automated trading platforms.
Court official, not SEC-appointed lawyer, should distribute funds, judge says. When an investment scheme goes sour, the Securities and Exchange Commission often appoints a private attorney with a background in bankruptcy law to divvy up the remaining assets.
Buy, Sell or Hold: Buffetta s Berkshire Hathaway Inc. Has Been...
I emphasized that Berkshire should be a core, long-term holding in investors' portfolios and not a stock to trade in and out off.
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