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Lehman Brothers' near-deal with South Korean institutions

August 20, 2008 — 5:44pm ET | By Jim Kim
It's not hard to conclude that Lehman Brothers is scouring the globe for capital. The latest: The firm nearly struck a deal to raise almost... Read more...

John Thain strikes back

August 5, 2008 — 8:19am ET | By Jim Kim
Merrill Lynch CEO is feeling some heat right. The latest source of controversy: his decision to sell Merrill Lynch's portfolio of collateralized debt obligations at 22 cents on the dollar. That has... Read more...

Tier 1 capital becoming a big issue?

June 25, 2008 — 9:13pm ET | By Jim Kim
Financial News Online reports that investment banks will soon start reporting Tier 1 capital ratios, something they have not done previously. (Commercial banks have been doing this for years.) That... Read more...

Citigroup earnings worse than expected

April 18, 2008 — 6:59am ET
Citigroup lost $1.02 per share, lagging behind the average estimate of 95 cents a share. This is one of those downside surprises that... Read more...