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Trying to debunk the theory that executive compensation at Lehman Brothers Holdings Inc. and Bear Stearns Cos. didn't encourage the risk-taking that doomed the firms, a Harvard University study found that their top officials had a net gain of more... Full Article at China Post
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Almost three weeks after the U.K. Court of Appeal killed a legally binding plan for the return of assets held in trust by Lehman Brothers Holdings Inc.'s European arm, the bankruptcy administrators have issued a formal alternative to its clients. Full Article at DealScape
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Nov. 24 (Bloomberg) -- James McCormick was home with his family in London on the evening of Sunday, Sept. 14, 2008, when he found out that Lehman Brothers Holdings Inc. , his employer of seven years, was filing for bankruptcy. Full Article at Bloomberg.com
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Nov. 24 (Bloomberg) -- Lehman Brothers Holdings Inc.’s U.K. bankruptcy administrator said it will issue a proposal that will allow for the return of as much as $11 billion in assets to creditors. Full Article at Bloomberg.com
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NEW YORK - 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. Full Article at Boston Globe
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By Mike Spector Lehman Brothers Holdings Inc.'s bankruptcy estate in the U.K. is set to launch Tuesday a proposal to hedge-fund creditors aimed at unfreezing about $11 billion in assets.The "claim resolution agreement" is a bid to return assets tied up... Full Article at Wall Street Journal
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NEW YORK -- The top executives at Lehman Brothers Holdings Inc. and Bear Stearns Cos. cashed out almost $2.5 billion from their firms between 2000 and 2008, according to a report in Monday's Wall Street Journal. Full Article at FOX Business
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NEW YORK (MarketWatch) -- The top executives at Lehman Brothers Holdings Inc. and Bear Stearns Cos. cashed out almost $2.5 billion from their firms between 2000 and 2008, according to a report in Monday's Wall Street Journal. Full Article at MarketWatch
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By Aaron Lucchetti Bear Stearns Cos. and Lehman Brothers Holdings Inc. executives cashed out nearly $2.5 billion from their firms between 2000 and 2008 even though the financial crisis hammered the shares they held, according to a study set to be... Full Article at Wall Street Journal
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The chief restructuring officer of bankrupt investment bank Lehman Brothers Holdings is predicting a "slugfest" with some of Wall Street's biggest firms over the losses they claim they suffered the day Lehman went belly-up. Full Article at New York Post
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Lehman Holdings LLC will pay $3.7 million as part of a deal with the City of Oakland to remove a serious fire threat and clean up trash dump conditions at the former Oak Knoll Naval. Full Article at San Francisco Business Times
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Instead of allowing Lehman Brothers Holdings Inc. to collapse, the government could have stood by the beleaguered bank and helped it unwind slowly, bankruptcy lawyer Harvey Miller, who represented Lehman for Weil, Gotshal & Manges LLP, told Matt Miller,... Full Article at DealScape
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Lehman Brothers Holdings‘ creditors filed $824 billion in bankruptcy claims against the collapsed investment bank, and the total may reach $1 trillion, Lehman chief executive Bryan Marsal said. Full Article at Dealbook
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NEW YORK -- Lehman Brothers Holdings Inc , the U.S. investment bank whose September 2008 collapse sharply accelerated a world financial meltdown, said Wednesday it expects to have a reorganization plan outline ready by the end of March 2010. Full Article at Financial Post
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Nov. 18 (Bloomberg) -- Lehman Brothers Holdings Inc.’s creditors filed $824 billion in bankruptcy claims against the collapsed investment bank, and the total may reach $1 trillion, Chief Executive Officer Bryan Marsal said. Full Article at Bloomberg.com
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NEW YORK, Nov 18 (Reuters) - Lehman Brothers Holdings Inc (LEHMQ.PK) said on Wednesday that it expects to have an outline for a plan of reorganization ready by the end of the first quarter of next year. Full Article at Reuters
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Nov. 18 (Bloomberg) -- Two weeks after the collapse of Lehman Brothers Holdings Inc. , Irish racehorse auctioneer Goffs held its annual “Million” sale. It turned out to be the last. Full Article at Bloomberg.com
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Court-approved probes into the hasty sale of Lehman Brothers Holdings Inc.'s brokerage and investment banking assets to Barclays Capital Inc. came to a head on Monday. Full Article at DealScape
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Nov. 17 (Bloomberg) -- Germany’s Bundesbank is offering to sell mortgage-backed bonds that Lehman Brothers Holdings Inc. pledged as collateral for loans for as low as about 30 percent of face value, according to a list of the assets seen by Bloomberg... Full Article at Bloomberg.com
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Source: Reuters Reuters) - Lehman Brothers Holdings Inc has filed a lawsuit against Barclays Capital Inc alleging the British bank took control of excess assets in collusion with Lehman executives when it bought its U.S. brokerage business a year ago,... Full Article at Democratic Underground
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AP Photo
Thomas Russo, former Vice Chairman, Lehman Brothers, center, speaks to a journalist at a press conference during the 3rd Global Competitiveness Forum in Riyadh, Saudi Arabia, Tuesday, Jan. 27, 2009.
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AP Photo
Thomas Russo, former Vice Chairman, Lehman Brothers, left, speaks with an unidentified Saudi official during a press conference during the 3rd Global Competitiveness Forum in Riyadh, Saudi Arabia, Tuesday, Jan. 27, 2009.
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AP Photo
An investor who bought Lehman Brothers-backed investment products through Citibank holds a placard that reads, "Citibank blood sucker," as she protests outside a Citibank branch in a Hong Kong downtown street Friday, Jan. 23, 2009.
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AP Photo
An investor who bought Lehman Brothers-backed investment products through Citibank holds a placard that reads, "Citibank blood sucker," as she protests outside a Citibank branch in a Hong Kong downtown street Friday, Jan. 23, 2009.
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Getty Images
Several hundred investors allegedly missold financial products from Lehman Brothers protest to several banks involved in the mini-bond scandal in Hong Kong on December 12, 2008.
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Getty Images
Several hundred investors allegedly missold financial products from Lehman Brothers protest to several banks involved in the mini-bond scandal in Hong Kong on December 12, 2008.
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Reuters Pictures
Staff stand in a meeting room at the Lehman Brothers offices in the financial district of Canary Wharf in London September 11, 2008.
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AP Photo
Victims of Structured Note from Lehman Brothers bond hold a slogan reading "Infamous, Artifice" during a protest against the Taiwan government and ask the government to protect them, Saturday, Nov. 29, 2008, in Taipei, Taiwan.
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AP Photo
A victim of Structured Note from Lehman Brothers bond holds a slogan reading "Black Heart, Infamous, Return the Money to me" during a protest against the Taiwan government and ask the government to protect them, Saturday, Nov. 29, 2008, in Taipei, Taiwan.
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AP Photo
Victims of Structured Note from Lehman Brothers bond shout slogans during a protest against the Taiwan government and ask the government to protect them, Saturday, Nov. 29, 2008, in Taipei, Taiwan.
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Reuters Pictures
Protestors hold signs behind Richard Fuld, Chairman and Chief Executive of Lehman Brothers Holdings, as he takes his seat to testify at a House Oversight and Government Reform Committee hearing on the causes and effects of the Lehman Brothers bankruptcy, on Capitol Hill in Washington, O...
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Reuters Pictures
The headquarters of German company Schaeffler Group, the world's second largest ball-bearing maker is pictured in Herzogenaurach in this July 16, 2008 file photo.
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Reuters Pictures
The headquarters of German company Schaeffler Group, the world's second largest ball-bearing maker is pictured in Herzogenaurach in this July 16, 2008 file photo.
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Reuters Pictures
The new Chief Executive of the London Stock Exchange, Xavier Rolet poses for photographers, in London February 13, 2009.
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Reuters Pictures
The new Chief Executive of the London Stock Exchange, Xavier Rolet poses for photographers, in London February 13, 2009.
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Reuters Pictures
The new Chief Executive of the London Stock Exchange, Xavier Rolet poses for photographers, in London February 13, 2009.
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Reuters Pictures
The new Chief Executive of the London Stock Exchange, Xavier Rolet, poses for photographers, in London February 13, 2009.
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Getty Images
Newly appointed Aozora Bank acting president Brian Prince arrives for a press conference where he announces the company's third quarter financial results ending December at the Bank of Japan in Tokyo on February 10, 2009.
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Getty Images
Newly appointed Aozora Bank acting president Brian Prince bites his lip at a press conference where he announces the company's third quarter financial results ending December at the Bank of Japan in Tokyo on February 10, 2009.
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Getty Images
Newly appointed Aozora Bank acting president Brian Prince bows at a press conference as he announces the company's third quarter financial results ending December at the Bank of Japan in Tokyo on February 10, 2009.
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AP Photo
A woman walks past a Barclays bank branch in central London, Monday Feb. 9, 2009. Barclays PLC said Monday its 2008 net profit fell only 1 percent as a one-off gain from its cut-price purchase of the North American operations of Lehman Brothers helped shore up its finances.
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AP Photo
A Barclays bank branch is seen in central London, Monday Feb. 9, 2009. Barclays PLC said Monday its 2008 net profit fell only 1 percent as a one-off gain from its cut-price purchase of the North American operations of Lehman Brothers helped shore up its finances.
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AP Photo
A construction worker walks past a Barclays bank branch in central London, Monday Feb. 9, 2009. Barclays PLC said Monday its 2008 net profit fell only 1 percent as a one-off gain from its cut-price purchase of the North American operations of Lehman Brothers helped shore up its finances.
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Reuters Pictures
Bernard Madoff walks back to his apartment in New York in this December 17, 2008 file photo.
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Reuters Pictures
Disgraced financier Bernard Madoff (R) is escorted by a U.S. Marshall as he departs U.S. Federal Court after a hearing in New York in this January 5, 2009 file photo.
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AP Photo
Thomas Russo, former Vice Chairman, Lehman Brothers, left, speaks with an unidentified Saudi official during a press conference during the 3rd Global Competitiveness Forum in Riyadh, Saudi Arabia, Tuesday, Jan. 27, 2009.
View Photo »
