Your Search Returned 228 tagged news reports
The government may seek to ease General Motors into what it calls a “controlled” bankruptcy, somewhere between a prepackaged bankruptcy and court chaos, by persuading at least some creditors to agree to a plan that would cleave the company...
Tags: government, Detroit, Lehman Brothers, Barclays, deteriorate, pension, Ford, Continental Airlines, Delphi, CorporationChrysler, liquidation, unequivocal, June, lawyer, Fritz Henderson, automaker, Bankruptcy, General Motors, controlled, creditors, administration, officials, taxpayer, financing
The Reserve Primary Fund, the giant money market fund that was pushed into a tailspin by the collapse of Lehman Brothers in September, estimated on Thursday that legal fees and damage claims stemming from that crisis would ultimately cost its investors...
Tags: Lehman Brothers
Barclays today reported pre-tax profits of £6.1bn for last year, down 14% on the previous 12 months but boosted by a £2.2bn gain from the acquisition of the US businesses of Lehman Brothers last year. The bank, whose boardroom executives have refused...
Tags: Barclays Capital, tax profitable, investment banks, Lehman Brothers, John Varley
The London Stock Exchange (LSE) is expected to name the former head of Lehman Brothers in France as its new head, when Clara Furse steps down later this year. Xavier Rolet is understood to be the frontrunner on a shortlist of candidates to take over...
Tags: Lehman Brothers, France, LSE, Xavier Rolet, chief executive, London Stock Exchange
The city's lawsuit calls statements by Lehman and Ernst and Young prior to the investment being made "false and misleading." The city claims it was led to believe the investment would coincide with its tradition of "conservative" and "safe" investing.
Tags: Long Beach Press Telegram, Lehman Brothers, Bob Shannon, city attorney
The average bonus declined by 36.7 percent to $112,000 in 2008...It was revealed last week that the former chief executive at Merrill Lynch, John Thain, approved billions in bonuses even as his company was reporting billions in losses. In this city, however,...
Tags: New York State Comptroller, Thomas DiNapoli, street bonuses, Lehman Brothers, bonus pay, bonus pool, The Wall Street Journal
Valukas, the chairman of law firm Jenner & Block LLP, served as a U.S. attorney in Chicago from 1985 to 1989. He also worked for the Justice Department in other capacities from 1970 through 1976...Bankruptcy Court Judge James Peck, who ordered an examiner...
Tags: Justice Department, Jenner & Block LLP, U.S, Lehman Brothers, Anton Valukas, Chicagoan
A top Lehman Brothers executive said Wednesday that the company's bankruptcy case could be wrapped up within two years. Restructuring expert Bryan Marsal, who replaced Lehman's longtime chief executive Richard Fuld at the end of 2008, told a bankruptcy...
Tags: Lehman Brothers, Bryan Marsal, bankruptcy case, cash balances
In Part 3 of a five-part series Yalman Onaran and John Helyar chronicle the demise of investment bank Lehman Brothers and the fall from grace of its leader Richard Fuld. Dick Fuld is very conscious of risk. He's created a culture that's enabled us to...
Tags: Richard Fuld, Lehman Brothers, Lehman Bros, Thomas Russo Lehman
While most investors have given up hopes on the state-owned telephone company's business prospects, due to its inability to withstand competition from private players, so far, some held on to the stock on expectations of a rich dividend to shareholders...
Tags: basis points, lending rate, Bank of Baroda, Punjab National Bank, Reserve Bank of India, Lehman Brothers, prime lending, sectors banks, PNB