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Lehman Brothers News

News on Lehman Brothers (Ticker: LEH) continually updated from thousands of sources around the net.

15 hrs ago | RecruitingBlogs.com

Anna Brekka liked Paul Petrone's blog post Five of the Worst Hires of the 21st Century

We've written a lot about great hires who turned fledgling organizations around with their talent and will.

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Related Topix: Economics News, Bankruptcy, Home Depot, Retail, Household Products, Stonehill College, Investment Banking, Financial Services

Mon Aug 25, 2014

Wall Street Journal

Banks Want Lehman to Increase RMBS Reserves

Some of the country's largest financial institutions say Lehman Brothers Holdings Inc. needs to set aside $12.14 billion to settle claims over certain soured mortgage loans, more than double what the failed investment bank has currently set aside for the dispute.

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Related Topix: Investment Banking, Financial Services, Home, Mortgage, Personal Finance

Fri Aug 22, 2014

Business Journal

Canyon Ranch in Miami Beach draws $22M winning bid in bankruptcy auction

The spa facilities in the Canyon Ranch and Spa in Miami Beach is part of a Chapter 11 filing by Lehman Brothers.

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Related Topix: Economics News, Bankruptcy, Financial Services, Investment Banking

Mail & Guardian

Central banks trapped by their rescue schemes

Unconventional monetary policy is often assumed to benefit banks, say IMF economists, however, there is evidence for heightened medium-term risks.

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Related Topix: Financial Services, Investment Banking

Thu Aug 21, 2014

Wall Street Journal

The Daily Docket: Lehman Brokerage Appeals...

Lehman Brothers Holdings Inc.'s brokerage is asking a U.S. court to reconsider its ruling affirming Barclays PLC's right to billions of dollars in disputed assets, saying the decision throws into question the integrity of bankruptcy sales.

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Related Topix: Financial Services, Investment Banking, Economics News, Bankruptcy, Opinion

Wed Aug 20, 2014

Inside Bay Area

Piedmont: Swenson ready for new school year, challenges

As she speaks to a reporter on the telephone -- she's also watering plants, rattling dishes and making herself a sandwich for lunch.

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Related Topix: Piedmont, CA, Barnard College, Investment Banking, Financial Services, Wellesley College, Macalester College

Wall Street Journal

Lehman Brokerage Wants Hearing in Dispute with Barclays

Lehman Brothers Holdings Inc.'s brokerage is asking a U.S. court to reconsider its ruling affirming Barclays PLC's right to billions of dollars in disputed assets, saying the decision throws into question the integrity of bankruptcy sales.

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Related Topix: Financial Services, Investment Banking

Tue Aug 19, 2014

Business News

Central banks need exit strategy from post-crisis policies

September 16 2008 was the day central banks stopped being boring. The day Lehman Brothers went down was the cut-off point between conventional monetary policy - moving official interest rates in baby steps to keep inflation low - and unconventional monetary policy.

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Related Topix: Financial Services, Investment Banking

AmericanBankingNews.com

Lehman's London Staff Win $300 Million Pensions Fight

More than 2,400 former Lehman Brothers bankers based in Britain will have their pensions paid in full after winning a six-year battle to receive their money from parts of the collapsed U.S. investment bank.

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Related Topix: Financial Services, Investment Banking

Accountancy Age

Lehman Brothers pension scheme payout agreed

MEMBERS of the Lehman Brothers Pension Scheme will receive their benefits in full after a 184m settlement was reached in the six-year legal battle that followed the firm's insolvency.

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Related Topix: Financial Services, Investment Banking

Mon Aug 18, 2014

Plunderbund

Poor Ohioans Subsidize Rich Ohioans, New Tax Policy Analysis Reveals

If you're Ohio Gov. John R. Kasich, likely a millionaire many times over based on what reporters learned from looking at only one individual tax return from 2008 for less than an hour, or Mark Kvamme, the governor's very rich Silicon venture capitalist friend and confidant who left his home and wife in California to relocate to Ohio to aide ... (more)

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Related Topix: Ohio, US Politics, Ted Strickland, US News, US House of Representatives, Democrat, Tax, US Governors, John Kasich, Investment Banking, Financial Services

NACD

Lehman Brokerage Sets First Distribution to Unsecured Creditors at $4.6 Bil...

"General unsecured creditors of Lehman Brothers Inc. will receive $4.6 billion in their first distribution, perhaps as soon as next month," reports the Wall Street Journal .

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Related Topix: Financial Services, Investment Banking, Economics News, Bankruptcy

Sun Aug 17, 2014

The Age

Nation's misery index at six-year high

The RBA has lowered its growth and inflation forecasts for the year ahead, citing its expectation that mining investment will "decline much further" and budget cuts at the state and federal level Photo: Glenn Hunt A deepening gloom across the largest developed economy to escape recession during the global financial crisis is shaping up as one of ... (more)

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Related Topix: Banking, Reserve Bank of Australia, Financial Services, Investment Banking

Bloomberg

JPMorgan's Lee Sees Won Rising to Pre-Lehman Levels on Surplus

South Korea 's record current-account surplus will boost the won to levels prior to the 2008 global credit crisis, JPMorgan Chase & Co.'

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Related Topix: South Korea, World News, Asia, Investment Banking, Financial Services, Financial Markets

Sat Aug 16, 2014

Bradenton.com

Business briefs: Rehab center receives accreditation

The accreditation, presented by independent accreditor Providigm, LLC, demonstrates that the facility is continually assessing pain, dignity and quality of care problems such as whether there are enough staff to meet resident needs, weight loss, infections, rehabilitation following acute injury or illness, and prevention of readmissions to ... (more)

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Related Topix: Medicine, Nursing, Investment Banking, Financial Services, Economics News, Bankruptcy, US Politics, US News, Al Gore

Fri Aug 15, 2014

The Washington Post

Barclays Said to Face Fine Over Client Asset Segregation

Barclays Plc is poised to be hit with its second fine by British regulators over failures to segregate client assets properly, a setback to Antony Jenkins's efforts to put the lender's legal woes behind him, two people with knowledge of the matter said.

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Related Topix: Investment Banking, Financial Services, Business News

The New York Observer

Jalak Jobanputra: The Barefoot VC on Bitcoin, Mobile Technology and Silicon Alley

Jalak Jobanputra is founding partner of FuturePerfect Ventures, an early-stage venture capital fund.

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Related Topix: Economics News, Bitcoin, Venture Capital, Emerging Technology, Investment Banking, Financial Services, Startups, DLP Mobile, Intel

AmericanBankingNews.com

Ferguson Police Name Officer Involved in Shooting, and More

What's News: Police in Ferguson, Missouri name the officer involved in last Saturday's fatal shooting of unarmed, black teenager Michael Brown.

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Related Topix: Ferguson, MO, Financial Services, Investment Banking

Brandon Sun

Lehman Brothers unsecured general creditors to get $4.6B in 1st interim distribution in Sept.

Unsecured general creditors of Lehman Brothers will get $4.6 billion in their first round of payouts from the bankrupt investment bank next month.

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Related Topix: Financial Services, Investment Banking, Economics News, Bankruptcy

The Miami Herald

Lehman unsecured creditors to get distribution

Lehman's bankruptcy in September of 2008 marked the start of the global financial crisis and was a major catalyst of the financial meltdown.

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Related Topix: Financial Services, Investment Banking, Economics News, Bankruptcy

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