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A Boston investment firm is nearing a deal to buy a stake in hedge-fund giant D.E. Shaw Group for more than $500 million from the estate of Lehman Brothers Holdings Inc., according to a person familiar with the matter. Affiliated Managers Group Inc.
A unit of UBS AG must pay $5.4 million to a former broker who alleged the firm misled its advisers about the financial health of Lehman Brothers Holdings Inc while recommending they sell its structured notes to clients, a securities arbitration panel
Bankruptcy Court judge has approved Lehman Brothers Holdings Inc.'s $767 million settlement with Freddie Mac an agreement that releases hundreds of millions of dollars to return to the failed investment bank's creditors. Freddie Mac was seeking a
Lehman Brothers Holdings Inc settled with Freddie Mac a $1.2 billion claim, freeing up millions of dollars which will be available for distribution to the bank's creditors. Under the settlement, Lehman will make a one-time cash payment of $767
Lehman Brothers Holdings Inc. has reached a settlement with Fannie Mae that would allow the mortgage finance giant to recover about $537 million for its claim against the estate of the failed Wall Street bank over soured mortgage securities. The
Heartland, the bar in Tokyo's Roppongi Hills complex where bankers from Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc. partied before the 2008 financial crisis, has shut its doors after more than a decade. The bar, downstairs from the
Ernst & Young has agreed to pay $99 million to former Lehman Brothers investors who have accused the auditor of helping Lehman misstate its financial records before the investment bank's collapse triggered a financial crisis in 2008. The agreement,
Travel & Delicacy Beauty never Ends Ecological Environment Associated Press 2008-11-07 04:24 AM As investors slowly start buying commercial paper again, the frozen market for longer-term corporate debt is also showing small, tentative signs of thaw...
PhilippinesThe Department of Justice (DOJ) has ordered the filing of criminal charges against an official of the Standard Chartered Bank Philippines for allegedly making false assertions before the court by deliberately withholding information that
Five years after the collapse of Lehman Bros. and the beginning of the worst U.S. financial crisis since the Great Depression, we look at 10 of the key players and where they are now. Richard Fuld Fuld's nickname was the Gorilla on Wall Street