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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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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. View Photo »
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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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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. View Photo »
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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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AP Photo
This Jan. 27, 2009 file photo shows Thomas Russo, former Vice Chairman, Lehman Brothers listening to question at a press conference during the 3rd Global Competitiveness Forum in Riyadh, Saudi Arabia.
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AP Photo
This Jan. 27, 2009 file photo shows Thomas Russo, former Vice Chairman, Lehman Brothers listening to question at a press conference during the 3rd Global Competitiveness Forum in Riyadh, Saudi Arabia.
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Getty Images
A Japanese businessman walks past a branch of Japan's largest security house Nomura Securities in Tokyo on January 27, 2009. Nomura said it lost 3.8 billion USD in the three months to December, blaming the global financial crisis.
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Getty Images
A pedestrian walks past a branch of Japan's largest security house Nomura Securities in Tokyo on January 27, 2009. Nomura said it lost 3.8 billion USD in the three months to December, blaming the global financial crisis.
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Reuters Pictures
A man walks past a logo of Nomura Securities in Tokyo January 26, 2009.
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Reuters Pictures
A man walks past a Nomura Securities branch in Tokyo January 26, 2009.
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Reuters Pictures
People walk past a Nomura Securities branch in Tokyo January 26, 2009.
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Reuters Pictures
Blogger Park Dae-sung (C), who writes under the pseudonym Minerva, answers reporters' questions as he leaves a Seoul court after the court allowed prosecutors to further detain him January 10, 2009.
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Reuters Pictures
Blogger Park Dae-sung (L), who writes under the pseudonym Minerva, leaves a Seoul court after the court allowed prosecutors to further detain him January 10, 2009.
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Getty Images
A small group of demonstrators protest outside a Citibank branch in Hong Kong on December 17, 2008. Investors held a protest to demand a full refund of the money they lost after putting it into financial products backed by failed US giant Lehman Brothers.
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Getty Images
A small group of demonstrators protest outside a Citibank branch in Hong Kong on December 17, 2008. Investors held a protest to demand a full refund of the money they lost after putting it into financial products backed by failed US giant Lehman Brothers.
View Photo » -
Getty Images
A small group of demonstrators protest outside a Citibank branch in Hong Kong on December 17, 2008. Investors held a protest to demand a full refund of the money they lost after putting it into financial products backed by failed US giant Lehman Brothers.
View Photo » -
AP Photo
Hundreds of investors in financial products related to failed U.S. investment bank Lehman Brothers march to the banks as they demand compensation from the bank in Hong Kong Friday, Dec. 12, 2008.
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AP Photo
Hundreds of investors in financial products related to failed U.S. investment bank Lehman Brothers march to the banks as they demand compensation from the bank in Hong Kong Friday, Dec. 12, 2008.
View Photo » -
AP Photo
Hundreds of investors in financial products related to failed U.S. investment bank Lehman Brothers march to the banks as they demand compensation from the bank in Hong Kong Friday, Dec. 12, 2008.
View Photo » -
AP Photo
Hundreds of investors in financial products related to failed U.S. investment bank Lehman Brothers march to the banks as they demand compensation from the bank in Hong Kong Friday, Dec. 12, 2008.
View Photo » -
Getty Images
One of several hundred investors allegedly missold financial products from Lehman Brothers breaks down outside a bank involved in the mini-bond scandal in Hong Kong on December 12, 2008.
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Getty Images
An electronic share price board shows figures of the benchmark Nikkei-225 in front of a Nomura Securities' branch in Tokyo on December 4, 2008.
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Getty Images
Pedestrians look at an electronic share price board in front of a Nomura Securities' branch in Tokyo on December 4, 2008.
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AP Photo
This Jan. 27, 2009 file photo shows Thomas Russo, former Vice Chairman, Lehman Brothers listening to question at a press conference during the 3rd Global Competitiveness Forum in Riyadh, Saudi Arabia.
View Photo »
