investment bank

Risk management at heart of the meltdown

CNN Money  Tue, 10/28/2008 - 6:38am

If you visit Lehman Brothers' website today, more than a month after the investment bank's plunge into bankruptcy, you can still find the following words: "The effective management of risk is one of the core strengths that has made Lehman Brothers so successful."



 

Former Lehman Brothers CEO subpoenaed

CNN Money  Fri, 10/17/2008 - 8:34pm

Former Lehman Brothers CEO Richard Fuld has been subpoenaed in connection with three grand jury probes into the investment bank's bankruptcy, a source with direct knowledge of the bankruptcy filing told CNN Friday.



 

Buffett's Berkshire Hathaway Brings GE To Life

NPR Programs: Morning Edition  Thu, 10/02/2008 - 8:33am

Warren Buffett's company is investing three billion dollars in General Electric. The stock has fallen 42 percent in the past year.

Buffett says he is confident that GE will continue to be successful. Berkshire Hathaway last week invested $5 billion in Goldman Sachs after the investment bank's shares dropped.

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Judge approves $1.3bn Lehman deal

BBC Finance  Sat, 09/20/2008 - 2:47am

A US judge backs UK bank Barclays' plan to buy the core business of collapsed investment bank Lehman Brothers.



 

Morgan Stanley 'in merger talks'

BBC Finance  Fri, 09/19/2008 - 5:19pm

US investment bank Morgan Stanley is holding talks with possible suitors, including a Chinese bank, reports say.



 

Lehman Brothers' Employees Turn to eBay

NPR Programs: Morning Edition  Wed, 09/17/2008 - 8:16am

Workers at the investment bank are auctioning company memorabilia, like T-shirts, mugs and mousepads on eBay.

"Own a piece of history!" reads one listing for a golf club with the Lehman Brothers logo. The starting bid is 350 dollars.

Lehman items are commanding a premium.

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Barclays buys core Lehman assets

BBC Finance  Wed, 09/17/2008 - 1:31am

UK bank Barclays buys some of the core assets of collapsed investment bank Lehman Brothers for $1.75bn.



 

Barclays eyes core Lehman assets

BBC Finance  Tue, 09/16/2008 - 4:22am

UK bank Barclays says it is in talks to buy the core assets of collapsed US investment bank Lehman Brothers.



 

Global market turmoil continues

BBC Finance  Tue, 09/16/2008 - 3:42am

Major global stock markets extend losses in the aftermath of the demise of top US investment bank Lehman Brothers