1Vote!
The Huffington Post (Free subscription) | yesterday
NEW YORK (Fortune) -- To understand what went wrong at Lehman Brothers, leave the canyons of Wall Street and head to the flatlands of Bakersfield, 120 miles northeast of Los Angeles. That's where you'll find McAllister Ranch, envisioned as a 6,000-home, multibillion-dollar recreational community built around a Greg Norman-designed golf course, boating and fishing waters and a beach club. Now McAllister...
+Vote!
The Washington Times (Free subscription) | 03/07/2008
Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
- send to a friend
-
Explore : Components, Computer industry, Financial Services, Graphic Cards, Hardware, Markets, Money, New York Stock Exchange, NVIDIA, Semi-Conductors, Stock exchange, Stock markets, Stocks
+Vote!
Finlay ON Governance (Free subscription) | 03/07/2008
Maybe the fabled investment bank is getting to the point where only employees will be interested in holding the stock of a company whose chief products recently have been poor judgment and bad results The firm lost a record $2.8 billion in the last quarter. Much more in write-downs has been registered. The stock [...]
+Vote!
Grasping Reality with Both Hands (Free subscription) | 03/07/2008
They disturb Jonathan Weil quite a bit: > Bloomberg.com: **Lehman's Hedge-Fund Deals Leave Public in Dark:** July 3 (Bloomberg) -- So let's say you're a big shot at Lehman Brothers Holdings Inc., trying to keep your firm from becoming the next Bear Stearns Cos. The stock has tanked. The market has doubts about your balance sheet. What do you do? One step to avoid would be any action that might create...
+Vote!
Seeking Alpha (Free subscription) | 03/07/2008
Lehman Brothers (LEH), on Wednesday, managed to gain 6.68% at 22.36 while the markets plunged. Of course, the stock is very far from the $80 level printed a year ago and this performance can be seen as a mere rebound. click to enlarge Complete Story »
+Vote!
New York Post (Free subscription) | 03/07/2008
Lehman Brothers, the securities firm that's saving cash following its first quarterly loss, is increasing the stock portion of employee pay this year, a person with knowledge of the matter said. The ratio of stock awards in pay packages will rise...
+Vote!
The Big Picture (Free subscription) | 03/07/2008
James Grant, editor of Grant's Interest Rate Observer, and Brad Hintz, an analyst at Sanford C. Bernstein & Co. and a former chief financial officer of Lehman Brothers Inc., talk about the outlook for U.S. consumer spending, Treasury Secretary Henry Paulson's call for regulatory changes that would allow financial firms to fail without threatening market stability and the outlook for brokerages click...
+Vote!
Financial Time (Free subscription) | 03/07/2008
Lehman Brothers has issued shares to all employees representing about 20 per cent of their equity compensation for the year, a person close to the matter said
+Vote!
DealBook (Free subscription) | 03/07/2008
Lehman Brothers is paying more of employees’ compensation in stock this year, the company said in a memo sent to employees on Wednesday. The company also granted employees an equity award on July 1, which signaled to some investors that the company was less likely to sell itself at a level below its current share price. [...]
+Vote!
DealBreaker (Free subscription) | 03/07/2008
We're going to admit that today you people hurt us. You let us down. We were counting on you, and you weren't there. We're willing to forgive you but you're going to have to make up for it. We're talking about the Lehman Brothers bonus story, of course. We knew something was going on at Lehman Brothers but not one of you told us exactly what. And so we got scooped on our own beat, the bonus story,...
+Vote!
DealBreaker (Free subscription) | 02/07/2008
After last week's unanswered question about how--and whether--Lehman Brothers would be able to pay its employees as compensation costs for the early months of the year outpaced revenues, Lehman is awarding its employees with mid-year stock bonuses, according to the Wall Street Journal. Employees will get the equivalent of 20% of the stock award they received in 2000. They're calling it a "downpayment"...
