Lehman Brothers news from FierceFinance

So how bleak is it on Wall Street right now? New York magazine's "The Classifieds: A Workplace Confidential" series features a former Lehman Brothers investment banker who says this about the current Read more...

You have to feel for Jefferies CEO Richard Handler, who has watched and listened with chagrin as the company's stock price tumbled and as rumors mounted. This is an uncomfortable positioned to be in, Read more...

These are tough times for employees at financial services firms, as layoffs are expected, probably sooner rather than later. But these tough times, which feel like a double dip at least, is good news Read more...

And the next MF Global is..? Noriel Roubini rocketed to fame when he correctly predicted the real estate and financial crises that devastated the economy. People in high places have been paying Read more...

It's not every day that $600 million vanishes. But that is exactly what happened at MF Global, and if the money is not recovered soon, it will not be long before we start hearing demands that Read more...

Jon Corzine has stepped down as CEO of MF Global, a firm he leaves mired in bankruptcy court and a victim of the European debt crisis as well as a surfeit of recklessness. Regulators and prosecutors Read more...

A frantic bid to find a buyer or white knight investor for MF Global has paid partial dividends for MF Global. While the likes of Goldman Sachs or State Street did not step up as a savior, the Read more...

To thrive as a trader on Wall Street, you must be a little bit crazy. A lot of people think that. But for an all new take on the concept, former Lehman Brother ETF trader Jared Dillian has come out Read more...

During the 2008 financial crisis, Morgan Stanley skirted close to the edge, as hedge funds deserted its prime brokerage operations en masse over a period of two weeks. As the European debt crisis Read more...

The conventional wisdom since the financial crisis of 2008 and 2009 has been that retail investors are staying out of the equity markets in part because they no longer trust that it is giving them a Read more...