- Former Lehman boss to defend accounting moves
Richard Fuld, Lehman's former CEO, said he does not recall seeing any documents related to the so-called Repo 105 accounting gimmick, accor...
20 Apr, 2010, 11.07 AM IST
JPMorgan, Citigroup triggered Lehman collapse: US reportJPMorgan & Citigroup demanded more collateral & changed guarantee agreements, a report on bankruptcy said. Top 10 US bankruptcies I Where h...
14 Mar, 2010, 02.17 AM IST
- Fuld replacement named at Lehman Brothers
A restructuring expert overseeing the liquidation of Lehman Brothers will replace Richard Fuld as chief executive on Dec. 31, Lehman lawyer...
21 Nov, 2008, 02.08 AM IST
- Lehman CEO to step down by year-end
The chief executive of fallen investment bank Lehman Brothers will step down by the end of the year without severance or a bonus, a spokesm...
06 Nov, 2008, 07.19 AM IST
- 12 Wall Street executives took home over $1 bn in 5 years
A report listed out Citi's Vikram Pandit, JP Morgan's James L Dimon and Goldman's Lloyd C Blankfein, among others with fat pay packets. Qui...
07 Oct, 2008, 09.42 PM IST
- Congress opens hearings on financial meltdown
Lehman Brothers arranged millions in bonuses for fired executives as it pleaded for a federal lifeline, lawmakers learned, as Congress bega...
07 Oct, 2008, 06.48 AM IST
- Congress grills Lehman boss over millions in bonuses
US lawmakers Monday grilled the head of Lehman Brothers demanding to known why he had earned hundreds of millions of dollars from the faile...
07 Oct, 2008, 02.14 AM IST
- US Congress opens hearings on financial meltdown
Days from becoming the largest bankruptcy in US history, Lehman Brothers steered millions to departing executives even while pleading for a...
06 Oct, 2008, 11.48 PM IST
- Billionaire NYC mayor powerless to stop meltdown
On the morning after Lehman Brothers filed for bankruptcy, Mayor Michael Bloomberg was in the middle of a news conference at a public schoo...
20 Sep, 2008, 02.55 AM IST
- Dubai not to deport Lehman staff: DIFC
Dubai International Financial Center (DIFC), where Lehman Brothers Middle East is headquartered, has said the employees of the investment b...
18 Sep, 2008, 03.26 PM IST
- When Buffett did not ride to the rescue of Lehman
Failed US investment banker Lehman Brothers, voted the best in the business many times, is rumoured to have made a distress call to Warren ...
17 Sep, 2008, 02.44 AM IST
- Lehman's Fuld rejigs top deck, again
Lehman Brothers CEO Richard Fuld shuffled the top ranks of his firm for the third time in four months as he negotiates with outside investo...
09 Sep, 2008, 12.00 AM IST
- Lehman likely to reap $7 b in Neuberger sale
Lehman Brothers Holdings may reap $7 billion by selling Neuberger Berman, its asset-management unit, as mortgage-related assets further ero...
13 Aug, 2008, 12.00 AM IST
- Lehman reports its first-ever loss, net assets take $70-b hit
Lehman has lost more than 60% of its value on NYSE amid speculation that mortgage-related writedowns will continue to depress earnings.
17 Jun, 2008, 05.40 AM IST
- Lehman shunts president, CFO
Lehman Brothers Holdings replaced chief financial officer Erin Callan and president Joseph Gregory three days after the firm raised $6 bill...
13 Jun, 2008, 12.00 AM IST
- Lehman Brothers shakes up top management
Lehman Brothers said on Thursday that Chief Financial Officer Erin Callan and Chief Operating Officer Joseph Gregory have been removed from...
12 Jun, 2008, 07.39 PM IST
- Lehman loses $2.8bn in Q2, plans to raise $6bn
Lehman Brothers Holdings, the fourth-largest US securities firm, reported a record $2.8 billion second-quarter loss and said it will raise ...
10 Jun, 2008, 12.00 AM IST