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Even in these trying financial times, you're not going to see many going-out-of-business sales like this one.
The House Financial Services Committee has voted to give federal regulators more power and money to police major players in the stock market.
Nomura Holdings Inc. stayed in the black for a second straight quarter, helped by a recovery in financial markets and the broadening of its business overseas through the acquisition of parts of Lehman Brothers.
Liberal Democrats struggled Thursday to give states new powers to protect consumers from fraud and abuse, but banks may be able to nix the idea when a financial overhaul bill reaches the House floor.
The administrators of Lehman Brothers' assets in Europe said Monday that they may seek a direct agreement with hedge funds and other creditors to return money tied up since the collapse of the parent company as an alternative to a court-sanctioned settlement.
A former Lehman Brothers broker has been ordered to serve 2,000 hours of community service for his role in an insider trading scheme.
Lehman Brothers has accused Barclays Capital of taking $8.2 billion more than it should have when it bought key assets of the failed investment bank a year ago.
President Barack Obama sternly warned Wall Street against returning to reckless and unchecked behavior that had threatened the nation with a second Great Depression.
Lecturing Wall Street on its own turf, President Barack Obama warned financial leaders not to use the recovering economy to race back into "reckless behavior" that could cause a new meltdown. He declared that a bailout-weary public will not break their fall again.
President Barack Obama is delivering a speech on Wall Street Monday, exactly one year after the Lehman Brothers investment bank collapsed, precipitating the financial crisis felt around the world.
Shares of Lehman Brothers Holdings Inc. jumped in over-the-counter trading Monday despite analysts warnings that prices will eventually dwindle down to nothing.
Hong Kong banks agreed to return more than $800 million to investors burned by Lehman Brothers-backed derivatives, potentially ending a nearly yearlong dispute that sparked street protests and exposed problems in this financial center's markets.
A bankruptcy judge said Wednesday that managers of the Lehman Brothers estate can investigate whether Barclays got "too good of a deal" when it bought Lehman's broker-dealer unit last fall.
The Obama administration's plan to revamp regulation and prevent any more crashes like those that felled AIG and Lehman Brothers includes a bold new idea: Empower the Federal Reserve to oversee the biggest financial players whose failure could threaten other institutions and the economy.
New Hampshire securities regulators accused a unit of banking giant UBS AG of misleading investors about complex securities issued by Lehman Brothers before Lehman filed for bankruptcy protection last year.
Lawyers for Lehman Brothers asked a bankruptcy judge for permission to investigate Barclays PLC, the British bank that bought Lehman's broker-dealer business amid the early chaos of its bankruptcy.
Barclays PLC, the British bank that stood apart from its peers by shunning a government bailout, on Thursday posted a sharp rise in first-quarter net profit after its investment banking profits surged from the acquisition of U.S. assets of bankrupt Lehman Brothers.
A Florida trader pleaded guilty Tuesday to criminal charges that he made trades based on inside information he got from a former Lehman Brothers broker.
State and local governments from Florida to California believed their public money was safe in top-rated accounts at Lehman Brothers. What could be safer than putting cash in a venerable investment bank that helped finance America's railroads?
Lehman Brothers and Barclays have argued over deal value, real estate and the finer points of bankruptcy law. And now, teddy bears.
David Maley left his internship at Lehman Brothers last summer figuring he would be back on Wall Street in a glamorous investment banking job once he graduated from Colgate University in May.
Credit Suisse Group said Sunday it has paid around 100 million Swiss francs ($86.7 million) in compensation to 2,000 clients who lost money in collapsed U.S. investment bank Lehman Brothers.
European Union regulators on Thursday cleared Germany's euro6.7 billion ($8.65 billion) guarantee for a banking industry program to cover deposits at private banks and at the German branch of collapsed U.S. investment bank Lehman Brothers.
Shoppers won't be picking up ornate lamps from the Bombay Co. in the coming year. Or investing with Lehman Brothers and Bear Stearns. No flying to Hawaii on Aloha Airlines or buying ultra-cheap tickets on Skybus, either.
Hong Kong lawmakers slammed HSBC for helping to sell Lehman Brothers bonds in the Chinese territory, questioning if Europe's largest bank should have done more to protect local investors from products that may be worthless in the aftermath of the Wall Street firm's collapse.
Korean blogger jailed for criticism of potential KDB-Lehman deal"The post that would bring Minerva worldwide fame appeared on August 25, 2008, under the florid title "Overture to the 2008 Financial Wars: Apocalypse Now in Korea." It attacked a plan, floated three days before by the Korea Development Bank, to purchase a large chunk of Lehm …
Got A Signing Bonus From Lehman Brothers? Yeah We�re Gonna Need That BackLehman new associates class of 2008, freshly minted MBA's may have to repay signing bonuses
Bank of America shopping Lehman claim: reportMaybe American Express might want to right their wrongs with Lehman Brothers.
Lehman Brothers Faces Lawsuit from the FrenchTop banks in France are suing former Wall Street giant Lehman Brothers for billions. Other French banks and insurers have sued for hundreds of millions more.
Lehman asks to unseal documents from Barclays probeEarlier this month, Lehman asked a judge to revisit the sale of Lehman's brokerage to Barclays Capital claiming that the British bank got an improper $8.2 billion "windfall profit" from excess assets it took control of in the September 2008 deal.
AMEX sued over secret letterAmerican Express has more secrets than the Masons and more dirt than the planet can hold.
Crash of a titan: The inside story of the fall of Lehman BrothersOne year ago, the assembled brains of the Fed and Wall Street sealed the fate of one of its oldest banks. In this gripping account of that weekend last September, Stephen Foley counts the cost of high finance's darkest hour.
Henry Paulson's Longest NightThe Reluctant Nominee Henry Paulson's memoir, On the Brink: Inside the Race to Stop the Collapse of the Global Financial System, will be published next month, and its appearance will reopen all the old debates over his tenure.
No Economic Recovery in Sight: More Financial Chaos AheadNo Economic Recovery in Sight: More Financial Chaos Ahead By Bob Chapman, The International Forecaster (reposted on DProgram.net)
Exactly one year ago I was sitting at my desk in the Time Warner Building doing something or another as Energy Counsel to the Capital Market Contracts Legal group at Lehman Brothers.
Bush Treasury Secretary Henry Paulson concocted a neat little slight-of-hand to give 12.9 Billion of our tax dollars to Goldman Sachs... and we citizen taxpayers got nothing in return.
Wall Street Welfare Queen Average Bonuses $1.0 Million Per EmployeeThere are a number of stories out there about Goldman Sachs gaining unfair advantage in the financial markets. One concerns a former employee who allegedly swiped a special program to maximize automated stock trades.
Iconic Watergate Hotel to be auctioned today"The empty Watergate hotel, part of the Washington complex that symbolised President Richard Nixon's downfall and established a catch-phrase for every political scandal since, will today be auctioned to the highest bidder.
The Most Important Financial Journalist of Her GenerationEXCERPT: After all, the mortgage crisis was nothing if not the Bear/Baron model writ large.
President Obama There Is Still Time To Change Your Mind: "Economy Still On The Brink"In a wonderful Op-Ed piece by Sandy B. Lewis, an organic farmer, and founder of SB Lewis & Co., a brokerage house and William D.
A nation under banks, with justice for noneAll this puts the SEC and the rest of the government in a horrible spot. It is a matter of public record that the law wasn't followed, thanks to Cuomo's disclosures last week.
SEC Charges Operators of Reserve Primary Fund With Fraud - Lehman OH Brother!Dance and rejoice! The SEC is finally in action and in a smack down and crack down on Manhattan town. I have the song, "I'm gonna kiss you all over" running through my head at the moment.
Disgraced and Bankrupt, Lehman Brothers Holdings Inc. Has Enough Uranium To Build An Atomic BombLehman Brothers Holdings Inc. is sitting on enough uranium cake to make a nuclear bomb as it waits for prices of the commodity to rebound, according to traders and nuclear experts.
Lehman Brothers Sitting on a Stockpile of Uranium "Yellowcake"Lehman's ownership is governed by tight regulations. Its yellowcake must be stored at licensed facilities and the substance cannot be transported around freely. One trader said: "They're not holding it in Canary Wharf. There are very strict rules about what you can do with it."
The Real Wall StreetThe Real Wall Street "At a time when legitimate businesses and financial services firms are subjected to ridicule and contempt on a daily basis, it's worth noting that the private sector is living up to its financial commitment to the 9/11 memorial under way at ground zero.
Lehman Sits on Bomb of Uranium Cake as Prices Slump Lehman Brothers Holdings Inc. is sitting on enough uranium cake to make a nuclear bomb as it waits for prices of the commodity to rebound, according to traders and nuclear experts.
Bush official shifted insurer's billions into stocks just before crashJust months before the start of last year's stock market collapse, the federal agency that insures the retirement funds of 44 million Americans departed from its conservative investment strategy and decided to put much of its $64 billion insurance fund into stocks.
Standard & Poors, Moody's, and Credit Rating Agencies contribution to the financial fiascoThis book is the story of my journey through the gluttony and dysfunctionality of 1990s Wall Street. But it also is a story about the roots of the 2008 market crisis.
Highly Skilled Unemployed -> Flood of VolunteersMany who run nonprofits have marveled at the sudden flood of bankers, advertising copywriters, marketing managers, accountants and other professionals eager to lend their formidable but dormant skills.
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