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Special Report

The Death of Lehman Brothers

Ever since the collapse of Bear Stearns in March, the financial world has been waiting with baited breath to see who would fall next. While all the tell-tale signs pointed to Lehman Brothers, talks of mergers and capital raising efforts kept some of the worry at bay. View Report



News

Should we be worried about foreign banks?

Times are tough for U.S. investment banks, and overseas banks are taking aim at the market. Capital, Deutsche Bank, Credit Suisse and UBS are now among the top 10 global merger advisers; a decade... Read more...

David Einhorn, still a hedge fund rock star

David Einhorn, the head of Greenlight Capital, caused quite a stir at the Ira W. Sohn Investment Research Conference last year. He made it known that he was shorting Lehman Brothers, which was... Read more...

Short interest rises on banks

Big Wall Street banks, which tend to be wary of financial markets regulation, have historically taken a pro-short-selling attitude, arguing that short selling enhances liquidity and price discovery.... Read more...

Lehman real estate whiz under the microscope

The New York Times takes a look at Mark Walsh's real estate empire at Lehman Brothers, where he built a reputation as "the most brilliant real estate financier on Wall Street." In the '90s, he... Read more...

Tough times for distressed credit funds?

There was a time, not too long ago when hedge funds, private equity funds and others were scrambling to set up funds to invest in debts that were used to help finance leveraged buyouts. At the time,... Read more...

Lawyer bent on absolving Dick Fuld

Harvey Miller, the esteemed lead lawyer in the Lehman Brothers bankruptcy case, has decided to mount a campaign to exonerate ex-CEO Dick Fuld for the mess at the imploded investment bank. He... Read more...

Top law firms adjust to new climate

It's not outright gloom and doom at top Wall Street law firms, relative to the carnage suffered by the top investment banking firms anyway. But law and banking go hand in hand, and most firms have... Read more...

Fund manager was right about Madoff

Michael Lewis, of Liar's Poker fame, and David Einhorn, Lehman-slayer, offer an interesting critique of what ails Wall Street in the op-ed pages of the New York Times. One of the more interesting... Read more...

Fed vs. Treasury: No contest

Both the Federal Reserve Board and the Treasury Department have been tested with an unprecedented crisis. While Treasury has taken its lumps from a variety of critics, the Fed has fared much better.... Read more...

Should Lehman Brothers have been saved?

Whether or not Lehman Brothers should have been saved will be debated for years. The government took action to broker a deal that essentially kept Bear Stearns out of bankruptcy court. And it later... Read more...

Press Releases

LEHMAN BROTHERS REPORTS THIRD QUARTER RESULTS

For Immediate Release Media Contact: Hannah Burns 212-526-4064 Investor Contact: Shaun Butler 212-526-8381 - Reports Net Income of $887 Million and Net Revenues of $4.3 Billion - NEW YORK– Read more >>

JMP Group Hires Jonathan Dever to Head Financial Services Investment Banking Group

SAN FRANCISCO, Sep 06, 2007 (BUSINESS WIRE) -- JMP Group Inc. (NYSE:JMP), a growth-oriented investment banking and asset management firm, announced today that Jonathan P. Dever has joined JMP Read more >>

The Home Depot Agrees To Revised Terms of Sale of HD Supply

Transaction to Close August 30, 2007 ATLANTA, Aug 28, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- The Home Depot(R), the world's largest home improvement retailer, announced today that it Read more >>