Lehman Brothers

This weekend in Barron's online: Hedge-fund manager Ray Dalio's thoughts on the troubles in Europe, the effect of comments made by David Einhorn, and the consequences of the Facebook IPO flop. Cover Story "Ray Dalio's World" by Sandra Ward. Ray Dalio, fabled hedge-fund manager, is the head of...

Questions posed on an earnings conference call with Herbalife's (NYSE: HLF) management by famous value investor and noted short-seller David Einhorn have spooked HLF shareholders in a major way. The stock is in free-fall for a third straight day on Thursday, and the one-time high-flier is now down...

It was revealed on Wednesday that JP Morgan Chase has agreed to pay a fine of $20 million following allegations that the bank mishandled Lehman Brothers funds over 22 months until the broker filed for bankruptcy. According to the Financial Times, the Commodity Futures Trading Commission alleged...

It was revealed on Tuesday that Lehman Brothers Holding's $639 billion bankruptcy, a U.S. record, has ended. The company is clear from April 17 to begin the process of distributing approximately $65 billion to creditors. According to Reuters, Lehman expects the first group of payments to total at...

Lehman Brothers Holdings and its creditors said late on Thursday that between them they intend to subpoena Treasury Secretary Timothy Geithner. Theyb wish to question Geithner under oath over allegations that J.P. Morgan (NYSE: JPM) illegally took billions of dollars from the doomed investment bank...

An important but fundamentally flawed debate about Fannie and Freddie's role in the ongoing crisis has raged since the SEC sued the former senior managers of both entities for securities fraud. The Wall Street Journal and Peter Wallison (in the WSJ) have claimed that the suit vindicates their...

Normally when stocks are getting crushed, as they are today, gold is a safe haven. Right now, however, gold is plunging, down another $50 an ounce today, hovering just above $1,800 an ounce. This begs the question - why? There are two schools of thought on this. One is that investors are...

For the second time in the past month, J.P. Morgan (NYSE: JPM) has reached a settlement with the Justice Department and Securites and Exchange Commission for “alleged” misconduct. Notice the quotes around “alleged.” In the first settlement, and perhaps the most unjust, J.P. Morgan agreed to pay $...

At this point, presumably every worker in the developed world is at least somewhat familiar with the realities of the recent financial crisis. With economic growth sluggish, and unemployment remaining persistently high, the economic effects of the bursting of the housing bubble have yet to subside...

It looks as if it is all but certain that Greece will eventually default on its debt, whether it receives the next tranche of its bailout package or not. Just look at the spreads on Greek debt over comparable German debt. The spreads are astronomic. Late Friday before the bell, Moody's hit us...

By now, we know the French and German banks that have Greek debt exposure, and those banks have been hit hard, with their stocks suffering, and their CDS spreads rising. Now we finally get a cumulative look at the U.S. banking sector's exposure to Greek debt, and it is not pretty. According to...

With the near collapse of the financial system in 2008, the Bush Administration, with the Republican party in control of both houses of Congress, took aggressive, unprecedented action. The government was not grid-locked. Decisive action was possible and was taken. As President Bush described it in...

Lehman Brothers Holdings Inc. won a U.K. court ruling Friday that will allow it to keep more than $1.5 billion worth of securities that it held when the firm collapsed two years ago. The infamous bankruptcy of Lehman Brothers has put an army of lawyers to work untangling the financial mess across...