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Korean military pension to invest in Lehman Brothers?
Lehman Brothers has got some kind of Korean connection at work. We've noted that the Korea Development Bank's Min Read more...
What does George Soros see in Lehman Brothers?
Last year was a sweet comeback year for George Soros. His fund was on fire. And he seemed to really understand the credit markets and the effect the temblors would have on Wall Street firms. This Read more...
Are Lehman Brothers' options dwindling?
Will Lehman Brothers be forced to sell its Neuberger Neuman asset management unit? There's been a lot of talk that it might be forced to find a buyer or sell shares to Read more...
Is Wall Street credibility an issue?
Breakingviews notes that a lot of CEOs should "now help themselves to generous portions of the sanguine words they have uttered over the last few months." Lehman Read more...
Could anyone buy Lehman Brothers right now?
The news that Lehman Brothers CEO Dick Fuld is considering a leveraged buyout highlights to some just how unattractive the firm has become to potential buyers right Read more...
Tough situation getting worse for Lehman Brothers
The conventional wisdom is that Lehman Brothers will not implode the way Bear Stearns did, thanks mainly to its access to the Fed credit facility. But as one Lehman Read more...
The art of the rumor
Rumors can be a nasty business on Wall Street. Increasingly, it's a high stakes business. There's already been one prosecution. The SEC recently announced a settlement with Paul Berliner, a trader Read more...
Can Wall Street firms be believed?
Forbes magazine notes that there's a lot of flip-flopping occurring on Wall Street right now. The magazine points out that there are many instances of this. For example, after raising $6 billion in Read more...
Is Bank of America's Ken Lewis the next to get sacked?
In the furor over Lehman Brothers recently, many have suggested that CEO Dick Fuld's job is on the line. But you really could say the same for other banks out there--big and small. A commentary on Read more...
What to make of Dick Fuld's pay?
People often point out that compensation boards want top executives to rake in the bucks as long as shareholders do. But what about when the stock tanks? Should they be required to give back some of Read more...