Hints and tips:
...On the day that Lehman Brothers filed for bankruptcy in September 2008, the front page of the Financial Times carried a photograph of John Thain, the then chief executive of Merrill Lynch....
...Two days after Lehman Brothers declared bankruptcy, in September 2008, I went on an anxious walk to my local bank branch....
...Because a date helps to concentrate the mind, a financial crisis that was experienced as a fragmented chain of events is being commemorated as just one: the fall of Lehman Brothers, 10 years ago next month...
...Bronwyn Curtis, chair at JPMorgan Asian Investment Trust: No....
...That extends, in my book, even to the Lehman Brothers decision itself....
...Ten years ago this weekend, the failure of Lehman Brothers brought the international financial system close to collapse....
...Even Lehman Brothers had a page on sustainability in its 2007 annual report, hailing its role as an environmentally conscious “global corporate citizen”....
...The insurance company, which along with the likes of Lehman Brothers and Bear Stearns came to symbolise Wall Street recklessness when taxpayers bailed it out in 2008, will no longer be considered a threat...
...When the Reserve Primary Fund exposed investors to losses as the fallout from Lehman Brothers’ bankruptcy spread to an investment class considered to be among the safest, custodians of cash began to rethink...
...more than 100 trusts holding poorly performing bonds....
...The collapse of Lehman Brothers in 2008 was not the cause of the great financial crisis but it was a spectacular curtain raiser to one of the most chaotic episodes in financial market history....
...When the Soviet Union collapsed, there were no legal mechanisms whatsoever....
...Santander’s US holding company, which had about $114bn in assets at the end of 2014, failed the test for a second time, while Deutsche Bank Trust Corporation — a unit separate from the broker-dealer and...
...But the bank also faces uncertainty in key UK markets, particularly in the “buy to let” mortgage market in London and South East England which slowed sharply in the lead up to the Brexit vote....
...They launched Sard Verbinnen and went on to represent clients including Michael Ovitz, the former Hollywood agent pushed out during Walt Disney’s 1990s succession drama; Lehman Brothers’ Dick Fuld and AIG...
...Brothers in 2008....
...(The historian Barry Eichengreen for instance has referred to it as the Lehman Brothers of the Great Depression.) 25....
...Brothers and Bear Stearns....
...Russia has become the first clear victim — the equivalent in the current crisis to Lehman Brothers in 2008 — a would-be superpower brought to its knees by forces largely beyond its control (although the...
...‘The allegations by Mr Budde were previously raised with Lehman Brothers Holdings Inc and its non-management directors in the spring of 2008....
...Henry, by now a director of Lehman Brothers, turned to me as we took a postprandial stroll down Sixth Avenue. “The trouble with Wall Street is that everything has become so complex....
...Profiting Without Producing, How Finance Exploits Us All , by Costas Lapavitsas, Verso, £20/$29 Where were the Marxists in 2008, when the demise of Lehman Brothers almost brought about the collapse of capitalism...
...Logic might suggest this blind faith should have wilted after Lehman Brothers failed....
...But funds can and do “break the buck”, when their NAV falls below 99.5 cents and rounds down, as the Reserve Primary fund did when its holdings of Lehman Brothers debt went into default....
...Five years on from the Lehman Brothers collapse, political and regulatory errors have made the world’s financial system even more fragile....
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