Lehman Brothers

JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon, who correctly flagged trouble before the 2008 Lehman Brothers collapse, is now cautioning that Wall Street’s expectations for S&P 500, tracked by SPDR S&P 500 (NYSE:SPY) earnings growth could plummet from 12% to 0% as tariff impacts...

The history of finance is riddled riddled with tales of ambition gone awry, leading to some of the most significant scandals that have rocked the industry's foundations. As FTX founder Sam Bankman-Fried gears up for his court testimony, let's trace back to some monumental controversies...

Friday’s market session marked the 15th anniversary of one of the worst events in stock market history. On Sept. 15, 2008, financial services company Lehman Brothers filed for bankruptcy, sending markets lower and extending a recession. What Happened: With $639 billion in...

One of the most well-known voices in the financial industry is speaking out against some of the top decision-makers after recent events. What Happened: Author Robert Kiyosaki may be best known for writing “Rich Dad, Poor Dad,” but in recent years has often been a voice supporting...

Satori Fund founder and portfolio manager Dan Niles shorted several banks ahead of the collapse. Now he's looking to squeeze profits out of a pair of tech names. What To Know: Among several other names, Satori was short SVB Financial Group (NASDAQ: SIVB) before a bank...

Mark J. Shapiro, the head of restructuring at Lehman Brothers when it collapsed in 2008 and currently the executive committee member at Shearman & Sterling, reportedly said that the difference between the global financial crisis and the present situation is the fact that the government acted...

Investor and entrepreneur Robert Kiyosaki made a new prediction for the banking sector this week. Here’s what the author of “Rich Dad, Poor Dad” said could happen next. What Happened: Over the past several years, Kiyosaki has recommended that investors buy gold, silver and Bitcoin...

People keep asking if the the cryptocurrency market is comparable to the Lehman Brothers moment or if it's another rendition of the dot-com bubble, Galaxy Digital Holdings Ltd (Pink: BRPHF) CEO Mike Novogratz said Wednesday on CNBC's "Squawk Box." "It'...

For what was considered to be the third-largest cryptocurrency exchange in the world, FTX’s rapid decline into bankruptcy has sent shockwaves through the crypto community, spooking millions of investors and roiling the cryptocurrency markets further. However, what initially seemed to be just...

Jeremy Allaire, co-founder and CEO of Circle, said USD Coin (CRYPTO: USDC) stablecoin is unaffected by the crypto exchange FTX’s native token (CRYPTO: FTT) crisis.  What Happened: Allaire took to Twitter to share his thoughts on the Binance-FTX ...

A senior analyst with Bloomberg Intelligence, Alison Williams, said the “key issue” with Credit Suisse Group AG (NYSE: CS) is structural profitability and dismissed parallels drawn with the 2008 financial crisis which saw the collapse of Lehman Brothers....

The U.S. stock market officially entered a market correction recently with the S&P 500 down 20% from all-time highs. Many have pointed to the potential of a recession and searches for the term are hitting record highs on Google. Here’s a look at how investors have fared since the last...

Some members of the cryptocurrency community have equated the chaos unfolding within Terra’s (CRYPTO: LUNA) ecosystem to the Lehman Brothers collapse. What Happened: On Monday, Terra’s algorithmic stablecoin TerraUSD (CRYPTO: UST) lost its peg to the U.S. dollar and fell to $0.79. Terra...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On this day in 2008, Lehman Brothers filed for what would be the largest bankruptcy in history. Where The Market Was: The Dow Jones Industrial Average closed at 10,917.51 on Monday,...

Global markets are historically volatile amid the COVID-19 coronavirus. Typically, cash or diversification across multiple asset classes is the go-to strategy during uncertain market environments. However, with advancements in financial products, investors now have access to solutions that help...