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The Telegraph (Free subscription) | yesterday
Lehman Brothers the collapsed investment bank is demanding a group of young wouldbe bankers repay £30000 bonuses handed to them when they joined the bank in the summer of 2008.
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DealBreaker (Free subscription) | yesterday
Were you a member of an elite group of individuals taken before their time known as the Lehman Brothers associate class of 2008? Were you robbed of the chance to toil under the Gorilla for more than a few weeks because oops the firm went out of business? (And speaking of that: do you blame yourself? Dick Fuld certainly does.) Those $40k signing bonuses you got and probably already spent are going...
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AdverBox (Free subscription) | yesterday
The new feature film by Johan Kramer -founder of Kesselskramer agency- is a modern fairytale about the impact of the financial crisis in the lifes of different human beings in Tokyo, Barcelona, Los Angeles, Buenos Aires, Amsterdam… and specially Ponzisson. The Crisis And Us has premiered 15th September. In 15th September of 2008, the Lehman Brothers bank [...]
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Financial Times (Free subscription) | yesterday
The surprise announcement of tougher standards for asset-backed securities used as collateral highlights how far the bank is planning its 'exit strategy' to dismantle measures taken after last year's collapse of Lehman Brothers
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iStockAnalyst.com (Free subscription) | yesterday
Three points to serve as background: First of all, from the day after the collapse of Lehman Brothers, the policies followed by the U.S. Treasury and the U.S. Federal Reserve and the U.S. administrations have been very helpful. They have been good ones. The alternative--standing back and watching the markets deal with the situation--would have gotten us a much higher unemployment rate than we have...
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The Economist (Free subscription) | yesterday
Please stop patting Ben Bernanke on the back ALAN BLINDER opens a new Washington Post column with what I believe is the conventional wisdom:The Federal Reserve's performance in this long-running financial and economic crisis deserves separate grades. For the early crisis period, from the summer of 2007 until a few weeks after the Lehman Brothers failure in mid-September 2008, the Fed's response was...
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The Business Insider (Free subscription) | yesterday
Some of the class of 2008 at Lehman Brothers say they are being asked to repay the $40,000 signing bonus they got when they joined the firm. A former Lehman Bro says Price Waterhouse Coopers sent a letter demanding repayment to more than 60% of the 2008 class of associates that were laid off from Lehman's UK office. He's currently seeking legal advice to see if he has to pay it back. He might have...
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SeekingAlpha.com (Free subscription) | yesterday
Jeffrey Frankel submits: The economy has been on a roller coaster ride since the cyclical peak of December 2007. (See illustration.) The gradual slide of early 2008 turned into a terrifying freefall in the last quarter of 2008 (after the Lehman Brothers bankruptcy) and the first quarter of 2009. Now the train is probably at the bottom of the roller coaster valley. The Index of Leading Economic Indicators...
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New York Post (Free subscription) | yesterday
The chief restructuring officer of bankrupt investment bank Lehman Brothers Holdings is predicting a "slugfest" with some of Wall Street's biggest firms over the losses they claim they suffered the day Lehman went belly-up. Bryan Marsal, head of r...
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The Industry Standard (Free subscription) | 20/11/2009
Fluidigm , which makes chips that for genetics lab, has raised $7.5 million in new equity, according to VentureWire . That’s part of a new $18.5 million round that the South San Francisco, Calif. company is raising. The funding comes from existing backers Alloy Ventures, EDB Investments, EuclidSR partners, Fidelity Contrafund, Interwest Partners, Lehman Brothers Venture Capital Group, Smallcap...
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PEU Report (Free subscription) | 19/11/2009
President Obama shifted rhetoric from recovery to "possible double dip recession" this week. Today short-term Treasury bills went negative on yield. ZeroHedge noted this happened after the fall of Lehman Brothers. The big money boys were scared to loan to one another, to park money in failing institutions. They put their billions in safe haven T bills. In early November CIT imploded, but...
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The Telegraph (Free subscription) | 19/11/2009
The number of claims against collapsed Lehman Brothers could top 1 trillion according to the man running the bank's liquidation.
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Foreign Exchange Outlook (Free subscription) | 19/11/2009
GBPEUR/GBPUSD The Pound fell against the Euro and the Dollar yesterday, after the minutes from the Bank of England's November policy meeting showed that policy makers were split three ways on whether to extend the quantitative easing plan and discussed cutting the deposit rate on reserves. The UK currency declined against the Euro for the first time in four days, falling to a low of 1.1180. The majority...
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DealBook (Free subscription) | 19/11/2009
Lehman Brothers Holdings ' creditors filed $824 billion in bankruptcy claims against the collapsed investment bank, and the total may reach $1 trillion, Lehman chief executive Bryan Marsal said Wednesday.
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wposteruk | 18/09/2009
Since the beginning of the financial crisis caused by the collapse of Lehman Brothers, there's just one year, the attitude of traders has not really changed. It seems they were content to let the storm pass and are still as influential in the world of finance More ... (more. ..)
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caffeinenights | 27/11/2008
Surviving the next year is going to be a major challenge for many publishers and businesses in general, small and large alike. There are no longer any guarantees of safety for anyone. Many household names have been shaken to their foundations and some have tumbled into the abyss. Lehman Brothers in the US, HBOS in the UK, GM, Woolworth, Citigroup, all of them going, going, gone! Book sellers are undoubtedly
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Brad Johnson | 15/10/2008
National Attention Given To “Friends On Wall St. A New Release Now Playing Coast To Coast After watching The House Committee question Richard S. Fuld, CEO of Lehman Brothers on C-SPAN last week, country music artist Billy Craig wrote a timely classic called FRIENDS ON WALL ST. “I wrote the lyrics, emailed them over to some friends and got a huge response” said Billy. In turn, his national promotions...
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Miami
Heard it and it's right on the money...............
Brad Johnson - 19/10/2008
Love it
I'm in the Florida Keys and heard it from Miami...........This is a great song folks!
Brad Johnson - 17/10/2008
Live in New York
Go Billy, THANKS FOR THE TUNE!
Awesome song.............
en - (not a member) - 16/10/2008