Hints and tips:
...From Shearson Lehman, Schlosstein brought Susan Wagner and, later, Hugh Frater, two of its smartest mortgage bond specialists....
...Less successfully, Lehman Brothers used an accounting scam known as Repo 105 to boost its liquidity position but it could not fake hard enough to survive....
...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...
...JPMorgan bought WaMu in a deal brokered by the government in September 2008, shortly after the collapse of Lehman Brothers triggered the most intense phase of the crisis....
...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....
...Five years on from the Lehman Brothers collapse, political and regulatory errors have made the world’s financial system even more fragile....
...Mortgage approvals have soared to their highest level since the collapse of Lehman Brothers....
...We were meeting about the possibility that Barclays could acquire Lehman Brothers, which was teetering on the verge of bankruptcy....
...Lehman Brothers has sold the assets of its subsidiary Aurora Bank in a deal which should help generate about $1.5bn for creditors of the failed investment bank....
...Brothers....
...(Financial Times) Lehman Brothers has agreed to sell Archstone, the apartment business it bought at the height of the US real estate bubble, to Equity Residential and AvalonBay Communities in a $6.5bn cash...
...On the back of significant returns in August – a month in which peers suffered in the industry’s worst month since the collapse of Lehman Brothers – Brevan is now considering how to give the money back....
...Clearing houses are becoming increasingly important to the financial system as reforms in the wake of the 2008 default of Lehman Brothers push swaths of over-the-counter (OTC) derivatives into clearing houses...
...She might not be familiar with the intricacies of Lehman Brothers’ demise in 2008, nor with the succeeding slew of regulations intended to fix a broken banking system. But she knows she is lucky....
...“Authorities had to make expensive decisions regarding Lehman Brothers and AIG based on only partially informed views of potential knock-on effects of the firms’ failures.”...
...But nearly three years after the collapse of the Lehman Brothers investment bank and the worst of the global financial crisis, the traditional drivers of demand for business jets have failed to bounce the...
...The agencies also set out how collateral should be segregated to ensure that it can be recouped in a straightforward manner in a bankruptcy, avoiding the chaos that ensued when Lehman Brothers failed....
...A specialist in bonds, Lehman Brothers had been a pioneer in the new wave of mortgage- backed securities that buoyed Wall Street in the 2002–6 period....
...Rose then sells the loan to Option One Mortgage Co., which then passes it to Lehman Brothers Bank, which then sends it to Lehman Brothers Holdings....
...The mortgage was then assigned in blank to a series of other entities, including Lehman Brothers Bank and Lehman Brothers Holdings, before being transferred into a securitised trust....
...On the eve of another September when banks are starting to eye each other nervously, as they did in the run-up to Lehman Brothers’ collapse in 2008, mere mortals face a rapidly shifting landscape....
...At one point, Morgan Stanley, Merrill Lynch, Barclays, Bear Stearns and Lehman Brothers all owned divisions that collected on home loans....
...Comment, analysis and other offerings from Friday’s FT Analysis: A Swiss survivor In the financial earthquake that followed the collapse of Lehman Brothers in 2008, bankers were gripped by one question:...
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