...was so rushed that the usual congressional scrutiny is only coming now, after the fact. "Although it comes too late to help Lehman Brothers, the so-called bailout program will have to make wrenching choices, picking winners and losers from a shattered...
...Committee on Oversight and Government Reform is questioning Richard S. Fuld Jr., the chief executive of the bankrupt Lehman Brothers, at a hearing this afternoon. Mr. Fuld already gave a prepared statement, which was released in advance. Below is a...
...Walsh entered 2008 as a Svengali of numbers. He headed Lehman Brothersâ commercial real estate investments, which put him at the helm of a chugging ship that spouted billions in liquid cash for deals locally and nationwide. It was the pinnacle of a...
...fallout from the collapse of Lehman Brothers in Europe continued apace, as Brussels investor rights group Deminor began legal action aimed at recouping billions of dollars of losses for the bank's creditors. Deminor said Lehman vehicles had issued about...
Background
Lehman Brothers Holdings Inc. (Pink Sheets: LEHMQ) (pronounced IPA: /ˈliːmən/) was a global financial-services firm. The firm did business in investment banking, equity and fixed-income sales, research and trading, investment management, private equity, and private banking. It was a primary dealer in the U.S. Treasury securities market. Its primary subsidiaries included Lehman Brothers Inc., Neuberger Berman Inc., Aurora Loan Services, Inc., SIB Mortgage Corporation, Lehman Brothers Bank, FSB, Eagle Energy Partners, and the Crossroads Group. The firm's worldwide headquarters were in New York City, with regional headquarters in London and Tokyo, as well as offices located throughout the world.
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Timeline
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2 weeks ago from Cincinnati Enquirer