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Lehman Brothers
Latest Headlines
Latest Headlines
Richard Fuld, sacked again
Richard Fuld is the poster child for all that is wrong with Wall Street and the world. At least that's how his many critics view him.
Compensation permanently lowered
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
Israel's many APT examples
Will 2012 be the year of the APT? We certainly hope not. But there is plenty of reason to be concerned about such attacks. Many have suggested that this form of cyber theft is essentially a modern
Is Wall Street ready for financial terrorism?
It's fair to say that banks are under constant attack from cyber criminals. The traditional foes have ranged from mere phishers to organized rings with larger ambitions. Regulators have not been
Enron, a decade later
It's been 10 years since Enron filed for bankruptcy--and people are still talking about it. The opinions are still passionately held. Many of the true faithful still defend the company at every turn.
Jefferies battles rumors
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,
MF Global is gravy train for lawyers
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
Roubini tweets about the next MF Global
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
$600 million still missing from MF Global
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
Corzine steps down, lawyers up
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
