Lehman Brothers Holdings Inc. - Page 10 (2024)

Advertisement

SKIP ADVERTISEMENT

Business

  1. Lehman Brothers Holdings Inc. - Page 10 (1)

    Judge Awards Schiele Drawing to Heirs of Merchant Killed by the Nazis

    The drawing of Schiele’s wife was the focus of a trial at which three parties, all with Jewish roots, argued whether it had been looted by the Nazis and from whom.

    By Colin Moynihan and Tom Mashberg

  2. Lehman Brothers Holdings Inc. - Page 10 (2)

    Who Owns a Drawing That May Be Nazi Loot? A Judge Will Decide.

    A drawing Egon Schiele made of his wife is the focus of a dispute among a Lehman foundation and heirs of two Jewish art collectors.

    By Colin Moynihan and Tom Mashberg

  3. Lehman Brothers Holdings Inc. - Page 10 (3)

    Nonfiction

    What It Was Like to Be a Jewish Banker

    In “The Money Kings,” Daniel Schulman tells the story of the Jewish immigrants who came to the United States and helped build America’s modern economic system.

    By Jacob Goldstein

  4. Lehman Brothers Holdings Inc. - Page 10 (4)

    DealBook Newsletter

    Why More Deals Are Likely After the Fall of Credit Suisse

    Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.

    By Andrew Ross Sorkin,Ravi Mattu,Bernhard Warner,Sarah Kessler,Michael J. de la Merced,Lauren Hirsch and Ephrat Livni

  5. Lehman Brothers Holdings Inc. - Page 10 (5)

    A Guide to the ‘Legal Fictions’ That Create Wealth, Inequality and Economic Crises

    The legal scholar Katharina Pistor examines the hidden legal layer propping up our modern economic system.

    By ‘The Ezra Klein Show’

  6. Lehman Brothers Holdings Inc. - Page 10 (6)

    Michael Thomas, Writer and Bête Noire of the Moneyed Class, Dies at 85

    His early careers as an art historian and Wall Street financier informed his financial thrillers, which often savaged the rich and powerful.

    By Katharine Q. Seelye

  7. Lehman Brothers Holdings Inc. - Page 10 (7)

    They Say Capitalism Is Over. Want to Buy a Piece?

    A bustling market for souvenirs of Lehman Brothers, Enron, and other casualties of the system.

    By Sophie Haigney

  8. Lehman Brothers Holdings Inc. - Page 10 (8)

    Calculator

    What Can 9/11 and the Great Recession Tell Us About Coronavirus Recovery?

    Examining the Manhattan housing market’s recovery from past economic traumas for clues about how long it may take this time.

    By Michael Kolomatsky

  9. Lehman Brothers Holdings Inc. - Page 10 (9)

    This Is the Stimulus We Need Right Now. It’s Not $1,000 for Every American.

    The administration and Congress must act — but wisely. The place to start is the overwhelmed health care system.

    By Reed Hundt

  10. Lehman Brothers Holdings Inc. - Page 10 (10)

    What People Say About the Economy Can Set Off a Recession

    Big economic changes come when popular narratives mutate and spread, infecting the decisions of millions of people, the economist Robert J. Shiller says.

    By Robert J. Shiller

  11. Lehman Brothers Holdings Inc. - Page 10 (11)

    Acclaimed ‘Lehman Trilogy’ to Move to Broadway

    The play, which has chronicled the Lehman Brothers’ rise and devastating collapse through several sold-out runs, will open at the Nederlander Theater in March.

    By Nancy Coleman

  12. Lehman Brothers Holdings Inc. - Page 10 (12)

    How a Lone Norwegian Trader Shook the World’s Financial System

    A futures bet gone spectacularly wrong provoked a daylong crisis at one of the clearinghouses that are supposed to be global safeguards.

    By Jack Ewing and Milan Schreuer

  13. Lehman Brothers Holdings Inc. - Page 10 (13)

    Big City

    ‘The Lehman Trilogy’ Criticizes Capitalism, at $2,000 a Seat

    A sold-out play casts the investment bank as the villain, but lets the plutocrat audience off easy.

    By Ginia Bellafante

  14. Lehman Brothers Holdings Inc. - Page 10 (14)

    Lehman Brothers, a Family Saga, as Viewed by Some Who Lived It

    “The Lehman Trilogy” is a theatrical panorama of the firm’s history and collapse. Lehman descendants and onetime employees have taken a keen interest.

    By Patricia Cohen

  15. Advertisement

    SKIP ADVERTISEMENT

  16. Lehman Brothers Holdings Inc. - Page 10 (15)

    Keep the Federal Reserve I Love Alive

    The economist N. Gregory Mankiw says he loves the central bank but fears for its future as one of America’s great institutions.

    By N. Gregory Mankiw

  17. Lehman Brothers Holdings Inc. - Page 10 (16)

    You Never Know When a Recession Will Sneak Up on You

    Trade wars, budget showdowns or anything else that scares people can spiral into a recession, the economist Austan Goolsbee says. It’s happened before.

    By Austan Goolsbee

  18. Lehman Brothers Holdings Inc. - Page 10 (17)

    Another View

    I Created ‘The Bernank’ on YouTube. And I Was Mostly Wrong.

    Nearly eight years ago, I published a cartoon that was critical of the Federal Reserve’s response to the financial crisis. Here’s what I’ve learned since.

    By Omid Malekan

  19. Lehman Brothers Holdings Inc. - Page 10 (18)

    Airbnb Wants Hosts to Be Shareholders: DealBook’s Closing Bell

    The start-up asked the Securities and Exchange Commission to revise its rules on whom private companies can award equity to.

    By Stephen Grocer

  20. Lehman Brothers Holdings Inc. - Page 10 (19)

    10 Years After the Financial Crisis

    A look at how the economic collapse exposed profound problems underlying the American dream.

  21. Lehman Brothers Holdings Inc. - Page 10 (20)

    How the Next Downturn Will Surprise Us

    In their campaign to contain the risks that caused the Great Recession, central bankers may have planted the seeds for the next global economic crisis.

    By Ruchir Sharma

  22. Lehman Brothers Holdings Inc. - Page 10 (21)

    Lehman Failed for Good Reasons

    Too many banks still lack the checks and balances that might have saved Lehman Brothers.

    By Madelyn Antoncic

  23. Lehman Brothers Holdings Inc. - Page 10 (22)

    Ten Years Ago, Wall Street Collapsed. These Reporters Told the Story.

    Journalists remember when Lehman Brothers filed for bankruptcy, which sent shock waves across the global financial system.

    By Matt Giles

  24. Lehman Brothers Holdings Inc. - Page 10 (23)

    White Collar Watch

    Companies Are Pushing for Less Disclosure. Is That Good for Investors?

    Securities laws were built around the concept that more information is the best protection for shareholders. But companies are striking back at rules.

    By Peter J. Henning

  25. Lehman Brothers Holdings Inc. - Page 10 (24)

    Small Investors Are Prey, Again, for the Wolves of Wall Street

    Congress tried to protect ordinary Americans’ portfolios with the Dodd-Frank Act, but today they are more vulnerable than ever.

    By Susan Antilla

  26. Lehman Brothers Holdings Inc. - Page 10 (25)

    The Credit Crunch and the Great Recession (Wonkish)

    Ben Bernanke argues that it was mainly about finance. I have (friendly) questions.

    By Paul Krugman

  27. Lehman Brothers Holdings Inc. - Page 10 (26)

    We’re Measuring the Economy All Wrong

    The official statistics say that the financial crisis is behind us. It's not.

    By David Leonhardt

  28. Lehman Brothers Holdings Inc. - Page 10 (27)

    Days of Fear, Years of Obstruction

    Why did the slump last so long? Cynical, bad-faith Republican politics.

    By Paul Krugman

  29. Lehman Brothers Holdings Inc. - Page 10 (28)

    Breakingviews

    The Lives of the Wealthy Were Enriched Most After Lehman’s Bust

    Low interest rates have made it easier for the “haves” to make money. The “have-nots” have been less fortunate.

    By Edward Chancellor

  30. Lehman Brothers Holdings Inc. - Page 10 (29)

    DealBook Briefing: Reliving Wall Street’s Near-Death Experience

    Ten years on, we remember the turmoil of the weekend that marked the inflection point of the 2008 financial crisis.

  31. Lehman Brothers Holdings Inc. - Page 10 (30)

    The Banks Changed. Except for All the Ways They’re the Same.

    They are taking less risk and holding more capital. But the powerful industry is also making record profits and is still dominated by huge firms.

    By Peter Eavis and Keith Collins

  32. Lehman Brothers Holdings Inc. - Page 10 (31)

    First, a Financial Crisis. Then a Geopolitical Crisis.

    “We are still living with the consequences of 2008.”

    By David Leonhardt

  33. Lehman Brothers Holdings Inc. - Page 10 (32)

    What We Need to Fight the Next Financial Crisis

    Congress has taken away some of the tools that were crucial to us during the 2008 panic. It’s time to bring them back.

    By Ben S. Bernanke,Timothy F. Geithner and Henry M. Paulson Jr.

  34. Lehman Brothers Holdings Inc. - Page 10 (33)

    Inviting the Next Financial Crisis

    It is infuriating that officials have put the welfare of most Americans at risk to enrich the wealthiest few.

    By The Editorial Board

  35. Lehman Brothers Holdings Inc. - Page 10 (34)

    Economic View

    Learning the Right Lessons From the Financial Crisis

    The causes of the 2008 crisis remain contentious. A new book says the Federal Reserve made a big mistake when it didn’t rescue Lehman Brothers.

    By N. Gregory Mankiw

  36. Advertisement

    SKIP ADVERTISEMENT

  37. Lehman Brothers Holdings Inc. - Page 10 (35)

    A Dramatic Play About Finance? Yes, if It’s Lehman Brothers

    “The Lehman Trilogy,” a story of American capitalism, is playing on a London stage. Two journalists — one British, one American — discuss.

    By Holly Williams and David Segal

  38. Lehman Brothers Holdings Inc. - Page 10 (36)

    Zuckerberg Breaks His Silence: DealBook Briefing

    Facebook’s chief executive posted a statement on his Facebook page, saying he was taking action to prevent people’s data from being misused.

  39. Lehman Brothers Holdings Inc. - Page 10 (37)

    Peter G. Peterson, a Power From Wall St. to Washington, Dies at 91

    Captain of business, financier, philanthropist and public-policy watchdog, Mr. Peterson rose from humble Nebraska roots to be a force in American life.

    By Robert D. Hershey Jr.

  40. Lehman Brothers Holdings Inc. - Page 10 (38)

    Breakingviews

    Knowing Where to Look 10 Years After Start of Financial Crisis

    When did the crisis start? There are a number of candidates. But understanding the failure to act takes an appraisal of the full arc of what happened.

    By Rob Cox

  41. Lehman Brothers Holdings Inc. - Page 10 (39)

    In Debt

    Lehman Bankruptcy Ruling Shows Risk of Deferred Compensation

    By deferring compensation, employees are taking on the credit risk of their employer.

    By Stephen J. Lubben

  42. Lehman Brothers Holdings Inc. - Page 10 (40)

    Op-Ed Contributor

    The G.O.P. Plan to Unleash Wall Street

    The Choice Act fulfills a wish list for the financial sector.

    By Mike Konczal

  43. News

    Morning Agenda: Roger Ailes Is Out at Fox News; Rupert Murdoch Steps In

    Goldman Sachs Raises a New Private Equity Fund | Continuing Debate Over the Financial Crisis

    By Amie Tsang

  44. Lehman Brothers Holdings Inc. - Page 10 (41)

    Common Sense

    Pointing a Finger at the Fed in the Lehman Disaster

    A respected economist argues that the Federal Reserve could have saved the financial firm from its chaotic collapse eight years ago.

    By James B. Stewart

  45. News

    Morning Agenda: Banking in the Time of ‘Brexit’

    Airbnb Seeks Funding While Battling Lawmakers | The Need for a New Silicon Valley Pay System

    By Amie Tsang

  46. Lehman Brothers Holdings Inc. - Page 10 (42)

    Aftershocks

    Is ‘Brexit’ Europe’s Lehman Brothers Moment?

    Britain’s vote and Lehman’s collapse both upended what people thought they knew about how the world worked.

    By Neil Irwin

  47. Advertisement

    SKIP ADVERTISEMENT

  48. Lehman Brothers Holdings Inc. - Page 10 (43)

    After ‘Brexit’ Vote, Investors Are Gripped by a Panic Last Seen in 2008

    Similarities to past economic crises have presented a grim question: How ugly might things get?

    By Peter S. Goodman

  49. Lehman Brothers Holdings Inc. - Page 10 (44)

    Street Scene

    In Memoir, Erin Callan Steps Back From Lehman Legacy

    In the book, she describes the ruthless ambition that affected the people close to her and tries to make amends for her years of boorish behavior.

    By William D. Cohan

  50. Lehman Brothers Holdings Inc. - Page 10 (45)

    Nomura to Shrink Its European and Americas Businesses

    The Japanese financial firm said it planned to close several parts of its overseas operations, and the changes are expected to include job cuts.

    By Chad Bray

  51. Glenn Schiffman, Veteran Media Investment Banker, Joins IAC

    Mr. Schiffman, a former co-head of media banking at Lehman Brothers, will be the Internet conglomerate’s chief financial officer.

    By Michael J. de la Merced

  52. News

    Morning Agenda: Credit Suisse Chief Asks for a Smaller Bonus

    Bridgewater Executives Deny Report of Rift | Argentina Reaches Deal with 2 Hedge Funds | Fining Bankers, Not Shareholders

    By Amie Tsang

  53. Lehman Brothers Holdings Inc. - Page 10 (46)

    First Draft

    Unprompted, John Kasich Makes Light of His Tenure at Lehman Brothers

    Campaigning in New Hampshire, Gov. John Kasich of Ohio brought up his years at Lehman Brothers, and laughed off the attacks on his connection with the failed financial firm.

    By Alexander Burns

  54. News

    Morning Agenda: Activist Investors and Billion-Dollar Bets

    Bernanke’s Frank Look at Lehman Brothers | Supreme Court Denies Insider Trading Hearing

    By Amie Tsang

  55. Lehman Brothers Holdings Inc. - Page 10 (48)

    DealBook

    In Ben Bernanke’s Memoir, a Candid Look at Lehman Brothers’ Collapse

    The former Federal Reserve chairman says he may have purposely misled the public about one of the most crucial moments in recent financial history.

    By Andrew Ross Sorkin

  56. News

    Morning Agenda: Avon in Talks to Sell a Stake

    Justice Dept. Promise Hard to Keep | Dewey Case Prosecutor Appeals to Common Sense | Adviser on Chinese Reverse Mergers Charged

    By Amie Tsang

  57. Advertisement

    SKIP ADVERTISEMENT

  58. Lehman Brothers Holdings Inc. - Page 10 (49)

    Justice Dept. Vow to Go After Bankers May Prove a Promise Hard to Keep

    Recent investigations suggest that changes to Justice Department guidelines may not guarantee a Wall Street “perp walk.”

    By Ben Protess and Matt Apuzzo

  59. Lehman Brothers Holdings Inc. - Page 10 (50)

    John Kasich Balances His Blue-Collar Roots and Ties to Wall Street

    A chapter in Mr. Kasich’s life story conflicts with the narrative about his working-class past: the nearly eight years he spent as an investment banker with Lehman Brothers.

    By Sheryl Gay Stolberg and Steve Eder

  60. Lehman Brothers Holdings Inc. - Page 10 (51)

    In Debt

    Lehman Case Shows Blurred Lines on Repos

    The case shows how hard it is for sophisticated parties to know precisely where their interests lie with regard to special treatment in bankruptcy.

    By Stephen J. Lubben

  61. News

    Morning Agenda: Greece and Creditors at an Impasse Over Taxes

    Greece and Creditors at an Impasse Over Taxes | Is Greece Like Lehman Brothers or RadioShack? | Ahold-Delhaize Merger Reflects Flat Growth in Grocery Market

    By Dealbook

  62. Lehman Brothers Holdings Inc. - Page 10 (52)

    Euro Danger Zone

    Is Greece Lehman Brothers, or Is It RadioShack?

    A default no longer seems likely to trigger a banking collapse across Europe, but few are eager to test that premise.

    By Neil Irwin

  63. Stifel to Buy Barclays’ U.S. Wealth Management Unit

    The deal gives Stifel Financial control of what once was Lehman Brothers’ wealth and investment management unit, adding to its growing operation.

    By Michael J. de la Merced

  64. Lehman Brothers Holdings Inc. - Page 10 (53)

    Lehman to Pay Barclays $1.3 Billion to Settle Suit

    The pact, if it wins court approval, would conclude about six years of fighting involving Barclays over the sale of Lehman Brothers.

    By Michael J. de la Merced

  65. News

    Morning Agenda: Fuld Breaks His Silence

    Fuld Breaks His Silence | Battle Behind the Scenes at S.E.C. | Broadcom Purchase Underscores Avago’s Ambitions | S. Parker Gilbert, Morgan Stanley Leader, Dies at 81

    By Dealbook

  66. Lehman Brothers Holdings Inc. - Page 10 (54)

    Breaking Silence, Richard Fuld Speaks on Love, Putin and ‘Rocky’

    In his first public appearance since 2008, Mr. Fuld mused about the economy, the Middle East, love and life, but danced around the downfall of his firm, Lehman Brothers.

    By David Gelles

  67. Lehman Brothers Holdings Inc. - Page 10 (55)

    TimesVideo

    Ex-Lehman Chief Returns to Spotlight

    Richard S. Fuld Jr. gave his first public remarks since testifying to Congress in 2008 about Lehman’s collapse and discussed the “perfect storm” that led to the financial crisis.

    CNBC

  68. Advertisement

    SKIP ADVERTISEMENT

  69. Breakingviews

    Why Lehman Brothers Lives On

    Almost seven years after the Wall Street bank’s collapse, the reputations of financial markets, central banks and economic theorists remain tarnished.

    By Edward Hadas

  70. Breakingviews

    Google’s Eric Schmidt Plays the Adult in D.E. Shaw Investment

    The Google executive chairman makes a big bet that is far afield from the frivolity of, say, a sports team investment like Steve Ballmer’s.

    By Richard Beales

  71. Family Office of Google’s Eric Schmidt Buys Stake in Hedge Fund D.E. Shaw

    The 20 percent stake of the $36 billion hedge fund is one of the last vestiges of the bankrupt Lehman Brothers.

    By Alexandra Stevenson

  72. The $10 million settlement resolves claims that Ernst helped Lehman engineer an accounting fraud in the months before its 2008 bankruptcy filing.

    By Matthew Goldstein

  73. Lehman Brothers Holdings Inc. - Page 10 (56)

    DealBook

    With ‘So Help Me God’ Ethics Oath, Dutch Banks Seek Redemption

    The oath is aimed at restoring confidence in the global financial system after the recent crisis.

    By Liz Alderman

  74. Lehman Brothers Holdings Inc. - Page 10 (57)

    DealBook

    A Chief Delivers Neuberger Berman From the Shadow of Lehman

    Lehman Brothers has cast a long shadow over Neuberger Berman, but the fund company hopes to come into its own soon after buying its independence.

    By Landon Thomas Jr.

  75. Lehman Brothers Holdings Inc. - Page 10 (58)

    At Auctions, Russian Oligarchs Start to Hedge Their Bets

    At recent sales in London, auction houses struggled to sell top Russian works of art. Some dealers said that the sluggish sales were a reflection of what's going on in Russia.

    By Scott Reyburn

  76. Solvency, Lost in the Fog at the Fed

    The Federal Reserve is bound by tradition and law to make emergency loans only to solvent institutions. So why did its top officials save Bear Stearns and A.I.G., but not Lehman Brothers?

    By James B. Stewart

  77. DealBook

    Morgan Stanley Adds Former C.I.A. Official to Its Board

    The Wall Street firm has named Jami Miscik, the president and vice chairman of Kissinger Associates and a former deputy director for intelligence at the Central Intelligence Agency, as a director.

    By William Alden

  78. Lehman Brothers Holdings Inc. - Page 10 (59)

    DealBook

    Profit Falls 26% at Barclays, Weighed Down by Legal Costs

    The British bank’s earnings were hurt by an $800 million charge for potential penalties related to possible manipulation of the currency markets.

    By Chad Bray

  79. Advertisement

    SKIP ADVERTISEMENT

  80. Lehman Brothers Holdings Inc. - Page 10 (60)

    DealBook

    Geithner Testifies That Government Had Right to Act to Avert A.I.G. Bankruptcy

    “The world was so fragile and the consequences of A.I.G.’s failure were so great,” Mr. Geithner testified, that “I was very confident” the government had the authority to step in.

    By Aaron M. Kessler

  81. Letter

    Lehman Brothers’ Demise: Barney Frank’s View

    The former congressman says British regulators played a key role by opposing a possible purchase by Barclay’s.

  82. Joe Nocera

    Joe on WNYC’s Money Talking

    Joe discusses the secret Goldman Sachs tapes and what went on at the Fed before Lehman Brothers collapsed.

    By Lydia Dallett

  83. Lehman Brothers Holdings Inc. - Page 10 (61)

    In Hindsight

    Six Years Later, We’re Still Litigating the Bailouts. Here’s What We Know.

    America remains deeply conflicted about federal regulators’ crisis response.

    By Neil Irwin

  84. Lehman Brothers Holdings Inc. - Page 10 (62)

    Revisiting the Lehman Brothers Bailout That Never Was

    New accounts of events in 2008 as the New York Fed assessed the bank’s eligibility for rescue from bankruptcy have cast the firm’s collapse in a new light.

    By James B. Stewart and Peter Eavis

  85. Lehman Brothers Holdings Inc. - Page 10 (63)

    DealBook

    Post-Lehman, Money Market Fund Protections Still Weak

    Money market funds played a central role in Lehman Brothers’ failure and helped spread the contagion. But, Jennifer Taub, of Vermont Law School, says, the problems remain unsolved.

    By Jennifer Taub

  86. Lehman Brothers Holdings Inc. - Page 10 (64)

    High & Low Finance

    Liquidity for Banks, This Time Defined

    The rules the Federal Reserve approved this week are intended to ensure that banks have enough ready liquidity to survive a crisis of 30 days, which proved not to be the case in the 2008 crisis.

    By Floyd Norris

  87. Taking Note

    Wall Street Escapes Blame, Again

    The news last week brought two fresh reminders of the government’s failure to hold Wall Street accountable for the financial crisis.

    By Teresa Tritch

  88. Editorial

    Holding Auditors Blameless

    With each failure by auditors to sound warnings, it becomes increasingly clear that the investing public is being shortchanged.

    By The Editorial Board

  89. Lehman Brothers Holdings Inc. - Page 10 (65)

    DealBook

    Lehman’s Unsecured Creditors to Receive $4.6 Billion

    The planned distribution for unsecured creditors, which include former employees, banks, asset-management firms and pension funds, represents 17 percent of the value of their claims.

    By William Alden

  90. Advertisement

    SKIP ADVERTISEMENT

  91. Lehman Brothers Holdings Inc. - Page 10 (66)

    Op-Ed Columnist

    The Forever Slump

    The United States should learn from Europe’s experience of raising interest rates too soon.

    By Paul Krugman

  92. Lehman Brothers Holdings Inc. - Page 10 (67)

    DealBook

    A ruling by a panel of former judges found that Lehman Brothers management, not Ernst & Young, was most responsible for setting in motion a maneuver that let Lehman move billions off its balance sheet.

    By Matthew Goldstein

  93. Lehman Brothers Holdings Inc. - Page 10 (68)

    DealBook

    Do ‘Living Wills’ for Banks Even Make Sense?

    The big financial institutions, as currently constituted, probably cannot come up with a reasonable resolution plan under the bankruptcy code, as currently constituted, writes Stephen J. Lubben in the In Debt column.

    By Stephen J. Lubben

  94. Lehman Brothers Holdings Inc. - Page 10 (69)

    DealBook

    UBS and Deutsche Bank Disclose New Inquiries Over ‘Dark Pools’

    The latest regulatory inquires come about a month after New York’s attorney general, Eric T. Schneiderman, sued Barclays over its private stock trading platform, known as a dark pool.

    By Chad Bray

  95. Lehman Brothers Holdings Inc. - Page 10 (70)

    DealBook

    For Sale: 20% Stake in Hedge Fund. Terms: Complicated.

    The estate of the bankrupt Lehman Brothers still has to sell a portion of the $22 billion hedge fund D. E. Shaw, but it has no takers.

    By Matthew Goldstein and Alexandra Stevenson

  96. Lehman Brothers Holdings Inc. - Page 10 (71)

    DealBook

    After Years of Ambitious Growth, Barclays Seeks to Be Leaner

    The overhaul of the giant British bank signals a shift toward retail and commercial banking and away from Wall Street.

    By Chad Bray and Jenny Anderson

  97. Lehman Brothers Holdings Inc. - Page 10 (72)

    DealBook

    Barclays Technology Banker to Join Evercore

    J. Stuart Francis, who has been chairman of the global technology group at Barclays since 2008, will join Evercore Partners in August.

    By Dealbook

  98. Lehman Brothers Holdings Inc. - Page 10 (73)

    DealBook

    Barclays Confirms Its Head of Mergers Is Leaving

    Paul G. Parker, global head of mergers at Barclays and a former Lehman Brothers banker, is the latest prominent executive to announce plans to leave the British bank.

    By Michael J. de la Merced

  99. Lehman Brothers Holdings Inc. - Page 10 (74)

    DealBook

    Top Officer of Barclays in America Is Leaving

    Hugh E. McGee III will leave his post on Wednesday, even as the bank prepares to create a new holding company for its American business by July 2016.

    By Chad Bray

  100. DealBook

    British Financial Regulator Adds 2 Senior Advisers

    The Financial Conduct Authority has appointed two senior advisers – David Saunders, a former head of Britain’s Competition Commission, and Gunner Burkhart, a former executive at Goldman Sachs.

    By Chad Bray

  101. Advertisement

    SKIP ADVERTISEMENT

  102. Lehman Brothers Holdings Inc. - Page 10 (75)

    Jeb Bush’s Rush to Make Money May Be Hurdle

    Mr. Bush’s efforts to capitalize on his résumé and reputation have thrust him into situations that may prove challenging to explain should he mount a campaign for the presidency.

    By Michael Barbaro

  103. Economix

    China’s Shadow Banking Malaise

    A severe slowdown in China’s economy would have a modest ripple effect, particularly on global commodity prices, but would not provoke a global crisis, two economists write.

    By Peter Boone and Simon Johnson

  104. Lehman Brothers Holdings Inc. - Page 10 (76)

    DealBook

    In a Retirement, a Loss for Barclays

    Hans-Joerg Rudloff’s retirement as chairman of investment banking at Barclays comes at an unhelpful time for the British lender, writes Dominic Elliott of Reuters Breakingviews. The new chief executive could use his help as a continuity figure and mentor.

    By Dominic Elliott

  105. DealBook

    Geithner’s Book Has a Title: ‘Stress Test’

    The title gives a flavor of the upcoming memoir by Timothy F. Geithner, who, as president of the Federal Reserve Bank of New York and then as Treasury secretary, was a central player in the government’s effort to fight the financial crisis and economic recession.

    By William Alden

  106. Lehman Brothers Holdings Inc. - Page 10 (77)

    A New Light on Regulators in the Dark

    Federal Reserve transcripts show a board playing catch-up with the events of 2008.

    By Gretchen Morgenson

  107. Lehman Brothers Holdings Inc. - Page 10 (78)

    DealBook

    Fed Fretted Over Reaction to Demise of Lehman

    The documents published on Friday provide one of the fullest pictures yet of the thinking of top government officials on the bank’s implosion.

    By Peter Eavis

Page 10 of 10

Advertisement

SKIP ADVERTISEMENT

Advertisement

SKIP ADVERTISEMENT

Lehman Brothers Holdings Inc. - Page 10 (2024)

FAQs

What happened to Lehman Brothers Holdings Inc? ›

Fifteen years ago, the world witnessed the largest commercial collapse in history. The financial giant Lehman Brothers filed for bankruptcy on Sept. 15, 2008, with $613 billion in debt, putting thousands of employees out of work and sending the already recessionary economy into a tailspin.

Was Lehman Brothers Holding Inc the 4th largest ___________________? ›

In January 2008, Lehman Brothers was the fourth-largest investment bank in the U.S.

Did Lehman customers get their money back? ›

More than $115 billion was paid out. Lehman's 111,000 customers received all $106 billion they were owed, and secured creditors also received full payouts. Unsecured creditors recovered $9.4 billion, or about 41 cents on the dollar. They were originally expected to recover about 20 cents on the dollar.

What happened to Lehman Brothers in simple terms? ›

The firm survived many challenges but was eventually brought down by the collapse of the subprime mortgage market. Lehman first got into mortgage-backed securities in the early 2000s before acquiring five mortgage lenders. The firm posted multiple, consecutive losses and its share price dropped.

What did Lehman Brothers do illegally? ›

The Investigations and Legal Consequences. In the aftermath of the Lehman Brothers bankruptcy, investigations were launched into the bank's financial practices and the events leading up to the bankruptcy. These investigations focused on allegations of financial misconduct, including fraud and insider trading.

Did anyone go to jail for Lehman Brothers? ›

Did Anyone Go to Jail for the 2008 Financial Crisis? Kareem Serageldin was the only banker in the United States who was sentenced to jail time for his role in the 2008 financial crisis. He was convicted of hiding losses by mismarking bond prices.

Who is the owner of Lehman Brothers? ›

Lew Glucksman is CEO of Lehman Brothers. Shearson Division of American Express acquires Lehman Brothers. Global financial markets plunge on Black Monday. Lehman Brothers is spun off from American Express into Lehman Brothers Holdings, Inc.

Who bailed out Lehman Brothers? ›

According to Bloomberg, reports filed with the U.S. Bankruptcy Court, Southern District of New York (Manhattan) on September 16 indicated that JPMorgan Chase & Co. provided Lehman Brothers with a total of $138 billion in "Federal Reserve-backed advances".

What was the Lehman Brothers accounting scandal? ›

Lehman executives were accused of hiding over $50 billion in loans disguised as sales (which were approved by the firm's auditor Ernst & Young). They did this by allegedly selling toxic assets to Cayman Island banks with the understanding that they would be bought back eventually.

Who was the CEO of Lehman Brothers when it failed? ›

Richard Severin Fuld Jr.

(born April 26, 1946) is an American banker best known as the final chairman and chief executive officer of investment bank Lehman Brothers. Fuld held this position from 1 April 1994 after the firm's spinoff from American Express until 15 September 2008.

Did Lehman Brothers employees get paid? ›

employees were awarded nearly $700 million in the year before the investment bank collapsed.

Why wasn t Lehman Brothers saved? ›

Why Was Lehman Brothers Not Bailed Out? Regulators claimed they could not have rescued Lehman because it did not have adequate collateral to support a bailout loan under the Federal Reserve's emergency lending powers.

Do Lehman Brothers still exist? ›

New York, NY, September 28, 2022 – Judge Shelley C. Chapman of the U.S. Bankruptcy Court for the Southern District of New York today closed the Lehman Brothers Inc.

What is a repo 105 transaction? ›

Repo 105 was a repurchase agreement that a company used to gain funds via short-term loans that are backed by collateral. Under Repo 105, if a company had the ability to repurchase the assets, it was considered a financing transaction and if it did not, it would be a sale.

Who bought Lehman Brothers? ›

Shearson/American Express, an American Express-owned securities company focused on brokerage rather than investment banking, acquired Lehman in 1984, for $360 million.

Who bought Lehman Brothers' assets? ›

Barclays acquired the investment banking business of Lehman Brothers in September 2008. Lehman Brothers filed for Chapter 11 bankruptcy protection on Monday, September 15, 2008.

Did Lehman Brothers brokerage end liquidation after 14 years? ›

New York, NY, September 28, 2022 – Judge Shelley C. Chapman of the U.S. Bankruptcy Court for the Southern District of New York today closed the Lehman Brothers Inc.

Who took over Lehman Brothers building? ›

Barclays acquisition

On September 20, 2008, a revised version of the deal, a $1.35 billion (£700 million) plan for Barclays to acquire the core business of Lehman (mainly its $960-million headquarters, a 38-story office building in Midtown Manhattan, with responsibility for 9,000 former employees), was approved.

Top Articles
Latest Posts
Recommended Articles
Article information

Author: Aracelis Kilback

Last Updated:

Views: 5273

Rating: 4.3 / 5 (64 voted)

Reviews: 87% of readers found this page helpful

Author information

Name: Aracelis Kilback

Birthday: 1994-11-22

Address: Apt. 895 30151 Green Plain, Lake Mariela, RI 98141

Phone: +5992291857476

Job: Legal Officer

Hobby: LARPing, role-playing games, Slacklining, Reading, Inline skating, Brazilian jiu-jitsu, Dance

Introduction: My name is Aracelis Kilback, I am a nice, gentle, agreeable, joyous, attractive, combative, gifted person who loves writing and wants to share my knowledge and understanding with you.