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Lehman Brothers

BRIEF-Lehman Brothers Inc. Trustee to make additional distribution to unsecured general creditors

Reuters - ‎Apr 28, 2016‎
Lehman Brothers Inc. Trustee announces plans for additional distribution to unsecured general creditors. * Lehman Brothers Trustee says intent for fourth distribution to bring total unsecured general creditor payout to 38 percent. * Lehman Brothers Inc ...

Lehman Brothers Inc. Trustee Announces Plans for Additional Distribution to Unsecured General Creditors

PR Newswire (press release) - ‎Apr 28, 2016‎
NEW YORK, April 28, 2016 /PRNewswire/ -- James W. Giddens, Trustee for the liquidation of Lehman Brothers Inc. (LBI) under the Securities Investor Protection Act and chair of the Hughes Hubbard & Reed LLP Corporate Reorganization and Bankruptcy ...
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Bank of England official Michael Hume joins hedge fund

Financial Times - ‎Apr 26, 2016‎
Before his time at the BoE, Mr Hume worked at Lehman Brothers, the US bank that went bankrupt in 2008, for 11 years. His appointment echoes similar moves by a number of policymakers in recent months who have joined the asset management industry, ...

Italy is global banking's next Lehman Brothers

Khaleej Times - ‎Apr 17, 2016‎
The Italian banking system faces a ?360 billion bad-loan crisis that could ignite the first run in the global baking system since Lehman Brothers in 2008, Citi in 1991, Herstatt in 1974 and Creditanstalt in 1931. Contagion is an ugly world and I am now ...
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Home » Former Lehman Bros. exec claims to be victim of $2M real estate phishing scam

HousingWire - ‎Apr 19, 2016‎
A former managing director at Lehman Brothers claims that his real estate attorney's email address was hacked last year, leading to the theft of nearly $2 million that was earmarked as the deposit for a $20 million apartment in Manhattan, the New York ...

Schauspielhaus Lehman Brothers Lehman Brothers Schauspielhaus: Lehman Brothers ...

Hannoversche Allgemeine - ‎19 hours ago‎
Hannover. Keiner hatte es sich vorstellen können. „Too big to fail“ dachte die Welt, doch tatsächlich musste am 15. September 2008 die viertgrößte Investmentbank der USA, Lehman Brothers, die Türen schließen. Auf dem Konto: 660 Milliarden Dollar ...

European Clearinghouses Deemed Capable of Withstanding Stress

Wall Street Journal - ‎1 hour ago‎
Their role in the financial system has grown since the financial crisis as regulators have encouraged derivatives clearing through CCPs, in a bid to avoid a repetition of the market meltdown that followed the collapse of Lehman Brothers. Lehman's fall ...
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«Lehman Brothers.» am Luzerner Theater: Der Sound von Freiheit und Abenteuer

Neue Zürcher Zeitung - ‎Apr 19, 2016‎
Der Italiener Stefano Massini verbindet in «Lehman Brothers.» Privatmenschliches elegant mit Gesellschaftsthemen und Historie. Auf rund drei Stunden gekürzt, erzählt das epische Stück in Matthias Kaschigs Inszenierung immer noch genug, um den ...

'Stop Trump' in Indiana faces free-trade, Wall Street hurdles - ‎17 hours ago‎
Kasich's support for the Trans-Pacific Partnership and the emerging Trans-Atlantic Trade and Investment Partnership, along with his former position with Lehman Brothers, makes the governor a tough sell in the May 3 primary in Indiana, where ...

Socialize the Banks

Jacobin magazine - ‎Apr 27, 2016‎
Breaking up the banks won't do. They should be publicly owned and democratically controlled. by Nuno Teles. The Lehman Brothers building in New York City. Scott Cawley / Flickr. Our new issue, “Between the Risings,” is out now. To celebrate its release ...

Listen Carefully for Hints of the Next Global Recession

New York Times - ‎1 hour ago‎
Oil prices, subprime mortgages and the freezing up of the financial system after the collapse of Lehman Brothers were all important factors.

Don't Do Stupid Economic Stuff

Project Syndicate - ‎4 hours ago‎
... Bear Stearns and to backstop the mortgage-finance agencies Fannie Mae and Freddie Mac, a congressional uproar led President George W. Bush's administration to vow not to inject any public money into Lehman Brothers, another ailing investment bank.

A Conversation With David Crane on Getting Fired From NRG and What's Next for His Energy Plans

Greentech Media - ‎3 hours ago‎
After picking up a law degree at Harvard, he went on to be senior vice president of global power at Lehman Brothers and executive director of International Power PLC, before taking the helm at NRG in 2003.

Who caused the Great Recession?

Huffington Post - ‎4 hours ago‎
During the crisis of 2007-2008, Finnish banks had very little problems, because they did not own any exotic assets. So, it may be that letting Lehman Brothers fail in September 2008 was the single most important decision in improving the future ...
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Why Canada's Oil Industry May Never Be the Same

Nasdaq - ‎5 hours ago‎
This precipitated the collapse of major financial institutions like Lehman Brothers and the bailout of many more. Regulators frowned and tried to bring in policies to ensure it would not happen again.
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Energy Future Says Oncor Buyout a No-Go

Wall Street Journal (blog) - ‎5 hours ago‎
Lehman Brothers Inc.'s trustee wants to make a fourth distribution payment to unsecured creditors, DBR reports in WSJ. WSJ reports on Goldman Sachs Group Inc. and Morgan Stanley looking to update their “living wills” following the split verdict from ...
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Highlights: PAP, SDP hold first rallies for Bukit Batok by-election

Channel News Asia - ‎6 hours ago‎
In 2008, eight PAP Town Councils lost 16 million dollars by investing in failed financial products from Lehman Brothers. This will not happen in Bukit Batok under my watch.

Die “Lehman Brothers”-Verdummung - ‎Apr 21, 2016‎
Die Kernschmelze des Finanzsystems wurde nicht durch Lehman Brothers ausgelöst. Die Pleitebank fungierte zwar als Brandbeschleuniger, war aber nicht Brandursache. Nicht die fehlende Regulierung von Banken hat die Krise verursacht, sondern ...

Fitch Upgrades LB 1998-C1

Business Wire (press release) - ‎1 hour ago‎
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded one class and affirmed two classes of Lehman Brothers (LB) Commercial Mortgage Trust's commercial mortgage pass-through certificates series 1998-C1.
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John Kasich isn't going to be president, but here's how he found inner peace

Business Insider - ‎Apr 28, 2016‎
He spent a decade in the private sector, working for Lehman Brothers and hosting a Fox News show. His comeback in state politics was unexpected and unexpectedly successful.