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New Zealand Herald (Free subscription) | yesterday
What a week. It hasn't had any key flashpoint - like the high drama of the Lehman Brothers collapse or the day on October 10 when the credit markets froze - but the bad news just kept piling up. What makes the news of the past...
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Grasping Reality with Both Hands (Free subscription) | 6 hours ago
Felix Salmon is very unhappy with David Cho of the Washington Post and with Henry Paulson as well: >Yet More Paulson Revisionism: It's not easy to keep Paulson's stories straight, but when it comes to Lehman Brothers, the First Version was that it was a good thing that it was allowed to fail. The Second Version was that Treasury never had the power to rescue Lehman. And the Third Version is that he...
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MY RIGHT MIND! (Free subscription) | yesterday
I don't care what they say about you, Mr. President. Your job is to lead. How much can go wrong in the two months before Mr. Obama takes the oath of office? The answer, unfortunately, is: a lot. Consider how much darker the economic picture has grown since the failure of Lehman Brothers, which took place just over two months ago. And the pace of deterioration seems to be accelerating. Put down the...
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Canadian Capitalist (Free subscription) | yesterday
John Heinzl wrote about dividend growth investing in The Globe and Mail. After a brutal week, all the dividend payers are even cheaper now. Larry Swedroe cautions investors against making the elementary mistakes that resulted in the demise of Lehman Brothers. Rob Carrick on the signs that you are headed for Splitsville with your investment advisor. Larry MacDonald [...]
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Bakersfield.com (Free subscription) | yesterday
A federal bankruptcy judge in Santa Ana postponed until February a decision on whether to allow Lehman Brothers to foreclose on McAllister Ranch and two sites in Riverside County, Bakersfield attorney Scott Belden said in an e-mail Thursday afternoon from the courthouse. Belden, who represents Bakersfield company Superior Pipelines Inc. in the involuntary bankruptcy case, called the outcome a “major...
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euronews24 (Free subscription) | yesterday
The cost of protecting corporate debt against default hit record highs on Thursday breaching the peaks set in the wake of Lehman Brothers' collapse as concerns over the economy and falling equity markets hit sentiment hard.US and European indices of
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theonlinecitizen (Free subscription) | yesterday
One of the town council fund managers, Lion Global Investors, has informed us it has a small exposure to Lehman Brothers bonds. It invested $250,000 in the bonds. This amount accounts for only 0.14 per cent of the town council’s total sinking funds. Simon Koh, General Manager, Tanjong Pagar Town Council
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DealBook (Free subscription) | yesterday
As the bankrupt Lehman Brothers winds down, it is getting one more chief executive. Bryan Marsal, the investment firm’s chief restructuring officer, will replace Richard S. Fuld Jr. in the top spot after the close of business on Dec. 31, Harvey Miller, a lawyer for Lehman, said Thursday at a hearing in Federal Bankruptcy Court in [...]
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Offshore Services (Free subscription) | 11/20/2008
It failed because Paulson didn't follow through, It has become another Lehman Brothers, something that was unexpected that has made the bank stock world collapse to the point where there are no banks with any sizable equity and the ...
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orgtheory.net (Free subscription) | 11/20/2008
As you may have heard, Damien Hirst had a sale at Sotheby’s in September, 2008 called “Beautiful Inside My Head Forever” at which he grossed USD 200.7 million. (This occurred the very same day that Lehman Brothers’ bankruptcy was announced.) This is a fascinating development in art markets since it is the first widely recognized, [...]
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beris | 10/31/2007
You want to be brave? You desperately want to go financial? Then go Suisse! Without further detailed and elaborated discussion how beaten down financial stocks and investments banks are, where ones portfolio loaded with financia... more [[THIS IS A CONTENT SUMMARY ONLY. Click on the link for the full story, full links, analysis, charts, and more]]