· *The fraud trial against the former CEO of Barclays and three other senior directors or executives began in London Wednesday. The defendants, including former CEO John Varley, and three co-workers.. Business Insider - Published
Hedge fund manager David Einhorn lambasted Tesla Inc and its "despondent" Chief Executive Elon Musk on Friday, comparing the electric car company to Lehman Brothers Holdings Inc, where he had flagged.. Reuters - Published
David Einhorn, the hedge fund manager known for his prescient call about Lehman Brothers’ accounting troubles, lambasted Tesla Inc and Elon Musk on Friday, saying the carmaker's woes resemble those.. Reuters - Published
For a solid decade after the collapse of Lehman Brothers touched off a global financial crisis, there was good reason to think the U.S. economy remained broken, from skepticism about the health of the.. Reuters - Published
Ex-employees of Lehman Brothers Holdings Inc met at Irish pubs near their former office in Midtown Manhattan on Thursday night to reminisce 10 years after the bank's collapse, in gatherings with the.. Reuters - Published
Ten years on from Lehman Brothers, where does the biggest risk lie? On corporate balance sheets.
The post Corporate debt: the big bubble to watch now was first published on MoneyWeek. MoneyWeek - Published
Governments cannot completely prevent a repeat of events like the 2008 global financial crisis even though regulations have been tightened since the collapse of Lehman Brothers a decade ago, Germany's.. Reuters - Published
Anti-globalization activists threw black liquid soap across the glass-front of a bank in Paris on Saturday, one of several actions planned in France and Germany in protest against banking practices a.. Reuters - Published
Ten years ago today, the financial crisis exploded onto the front pages. John Stepek looks at the charts that matter to find out what, if anything, has changed since then.
The post The charts that.. MoneyWeek - Published
Today marks the tenth anniversary of the day the U.S. bank Lehman Brothers filed for bankruptcy — and tipped the global economy into a crisis from which the world is still recovering. MailOnline - Published
Why have their been no individuals sanctioned for their roles in the creation of the financial crisis when banks paid so much in fines to the US authorities for the packaging and sale of dodgy.. Independent - Published
John Stepek examines why investment bank Lehman Brothers went bust ten years ago and asks: should it have been saved, and would things have been any different if it had?
The post Ten years on: why.. MoneyWeek - Published
A decade on from the collapse of Lehman Brothers, it doesn’t look like we’ve learnt any of the lessons of the credit crunch. But the next crisis won’t look the same as the last one, says John.. MoneyWeek - Published
It is an image that became a symbol of the global financial crisis -- about 20 bankers, their backs turned to the window, attending an emergency meeting at the London office of Lehman Brothers as the.. Reuters - Published
As financial market participants reflect on the 10th anniversary of Lehman Brothers' collapse, the consensus is there will be no repeat of the near-death experience, largely because authorities simply.. Reuters - Published