Lehman Brothers News

It's a nice, quiet Memorial Day weekend. Kids frolic on the beach, friends barbecue in backyards, and the Securities and Exchange Commission decides to announce it's tip-toeing away from the biggest corporate bankruptcy scandal in U.S. history, without prosecuting a soul.

Last year's Congressional debt standoff hurt consumer confidence more than the collapse of Lehman Brothers, Betsey Johnson and Justin Wolfers write.

Symphony Financial Partners , co- founded by an ex- Goldman Sachs Group Inc. trader in 2003, is seeking $1 billion from investors after its Japan-focused hedge fund returned more than four times its peers.

Last year's Congressional debt standoff hurt consumer confidence more than the collapse of Lehman Brothers, Betsey Johnson and Justin Wolfers write.

Last year's Congressional debt standoff hurt consumer confidence more than the collapse of Lehman Brothers, Betsey Johnson and Justin Wolfers write.

Last year's Congressional debt standoff hurt consumer confidence more than the collapse of Lehman Brothers, Betsey Johnson and Justin Wolfers write.

Last year's Congressional debt standoff hurt consumer confidence more than the collapse of Lehman Brothers, Betsey Johnson and Justin Wolfers write.

The collapse of Lehman Brothers caused industry revenue to suffer significantly.

Greece, responsible for 0.4 percent of the world economy, now poses a threat to international prosperity as investors raise bets its days using the euro are numbered.

Just when murder defendant Steven DeMocker may have been feeling down in his Yavapai County Jail cell, he got some good news.

Lehman executives allegedly used creative accounting to make the firm's balances sheet appear stronger than it turned out to be.

Just how many federal regulators have pored over financial documents and calling records, dissected trading ledgers for suspicious money movements and probed years of voice mails and e-mails, to no avail? Oh, to be sure, a few investigations have resulted in civil fines being paid with the caveat of not admitting or denying any wrongdoing.

U.S. Securities and Exchange Commission investigators have concluded their probe of possible financial fraud at Lehman Brothers Holdings Inc.

Bank of America Corp A : Bank of America and Barclays Bank PLC began an agreement with Equity Residential and Lehman Brothers Holdings Inc.

Asian stocks fell for a fourth week, with the regional benchmark index posting its longest streak of weekly losses in six months, on signs China 's economic slowdown is deepening and on concern Europe 's debt crisis will worsen The value of shares on the MSCI Asia Pacific Index fell to levels last seen during the 2008 global credit crunch, with ... (more)

The Biblical story is told of a tower built ever higher in order to achieve contact with the heavens, lest they be scattered upon the earth.

An allegedly leaked copy of an SEC internal memo was sent to Reuters along with a copy of a letter addressed to Scott Garrett , chairman of the House Financial Services Committee.

The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Friday: ** Saudi Aramco and Sumitomo Chemical Co have agreed to go ahead with a $7 billion expansion of the Rabigh II petrochemical project in the kingdom, the Japanese firm said on Friday, quelling doubts about the ... (more)

At Raj Rajaratnam's insider-trading trial a year ago, Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein told jurors he makes unscheduled calls to the bank's board members at times of market "uncertainty." At Rajat Gupta's insider-trading trial today, a bank director explained just how often those calls came during the 2008 market ... (more)

In the fifth largest property sale in the Bronx since the collapse of Lehman Brothers and the Wall Street meltdown, a multiplex at 2505 Bruckner Boulevard has sold for $30 million, according to records filed with the city.