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TheDeal.com offers an interesting take on the Lehman Brothers failure. Lehman's liabilities totaled $613 billion at the time of its bankruptcy filing. Unsecured claims of the top 30 claimants show... Read more...
The idea that we need a big failure to get past a financial crisis has long been out there. That's one reason a lot of people assumed that the Bear Stearns implosion signaled the worst was over. Of... Read more...
The issue of the moment is Goldman Sachs and what its London-based traders did, if anything, that might be construed as manipulation of Lehman Brothers' and Bear Stearns'... Read more...
So is the worst really over? We've been hearing as much from lots of executives as of late. But not everyone is buying it. Case in point: Former Fed official Vincent Reinhart says banks face an... Read more...
The credit crunch and the implosion of Bear Stearns mark a good opportunity to remake the prime brokerage industry, notes Financial News Online. Read more...
Recall all the rumors about Bear Stearns right before its final implosion; they were pretty intense--so intense that the SEC is looking... Read more...