Hints and tips:
...That included a $13bn fund just before the onset of the financial crisis in 2008 as well as a $10.5bn vehicle that closed after Lehman Brothers had filed for bankruptcy....
...JSR’s American chief executive, Eric Johnson, says the company originally approached JIC in November 2022....
...David Pauker, a financial adviser who has worked on large bankruptcies including Lehman Brothers, has been recruited as Archegos’s chief restructuring officer, according to his profile on the social network...
...His Lehman banker bags sold out, and “significantly outperformed Bear Stearns”. The colours are better, he says....
...On Wednesday September 17 2008, when Eric Daniels, then chief executive of Lloyds bank, conquered his nerves, looked past the collapse of Lehman Brothers two days earlier and agreed to buy HBOS for £12bn...
...The FTSE All-World index is on its longest weekly losing streak since the middle of 2008, equalling in duration the decline before the subprime mortgage crisis led to the catastrophic collapse of Lehman...
...He is still the biggest owner of DE Shaw (Google’s former CEO Eric Schmidt owns 20 per cent, which he acquired from the Lehman Brothers estate), which is the fourth-highest grossing hedge fund in history...
...DD’s Antoine Gara, Eric Platt and Ortenca Aliaj report that lenders such as Barclays, Bank of America and Morgan Stanley are waiting to see a clear business plan from Musk to start marketing the debt....
...And finally I’m in New York right now and there’s a show on Broadway that’s the talk of the town: The Lehman Trilogy....
...Additional reporting by Miles Kruppa in San Francisco and Eric Platt in New York...
...Among them is David Einhorn, who rose to fame during the post dotcom crash and became a household name after shorting Lehman Brothers....
...Additional reporting by Eric Platt in New York...
...He was endorsed by the mother of Eric Garner, a black man killed by a New York police officer in 2014. He has unparalleled connections among New York’s financial elite....
...Berkshire came to the rescue of Goldman in 2008 when it invested $5bn, initially through preferred stock, during the fallout of Lehman Brothers’ failure....
...Eric Engelhardt, a 19-year-old IT student from the eastern town of Sonneberg, views Merkel’s 2015 decision differently. “Should Germany have let so many people in? Was that a sensible thing to do?...
...Tom Miner, the lead portfolio manager, previously worked for 20 years in the structured finance department of now-defunct investment bank Lehman Brothers....
...Since the demise of Lehman Brothers in 2008, the Fed has repeatedly come to the rescue of stressed markets....
...David Erickson, senior fellow at the University of Pennsylvania and former Lehman Brothers and Barclays IPO banker, said he had found the lengthy “related parties” section of the filing “shocking”....
...His management style is likely to be a focus for other shareholders weighing whether to buy in to WeWork’s IPO, according to David Erickson, a University of Pennsylvania fellow and former Lehman Brothers...
December on course to be first month without junk bond sale since Lehman crash
...DiClemente joined CBS earlier this year in the same role and before that worked as an analyst at Evercore, Nomura, Barclays and Lehman Brothers....
...There are many valuable insights; perhaps the biggest is the list of endorsements featuring Henry Kissinger, Eric Schmidt, the ex-Google chairman, Janet Yellen, the ex-Fed chair, and Mark Carney, governor...
...Dyal Capital, a unit of money manager Neuberger Berman that was formed after a spinout from Lehman Brothers’ bankruptcy in 2008, is prolific in the business (here’s a refresh from DD’s Javier Espinoza)....
...(Alphaville) Deutsche’s D-Day Take a look into the origins of the most dramatic investment banking retreat since the fall of Lehman Brothers....
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