12:07 p.m. July 16, 2010
- By MarketWatch
In the 32-year history of this survey, it's fallen by 9.5 points or more on only six other occasions: October 2008: The month after Lehman Bros. collapsed; October 2005: The month after Hurricane Katrina hit; September 2001: The month terrorists attacked America; August 1990: The month Kuwait was invaded; March 1980: The month the stock market plunged and confirmed that the nation had entere...
1:32 p.m. May 21, 2010
- By Ruth Mantell
The House and Senate bills both would create a system to take over and liquidate a failing megabank so that its sudden collapse doesn't unsettle the markets, as the collapse of Lehman Bros. did in September 2008.
12:01 a.m. May 18, 2010
- By Mark Hulbert
For several weeks following the bankruptcy of Lehman Bros. in Sept. 2008, for example, there was an even higher frequency of days with at least a 1% Dow change.
12:01 a.m. May 12, 2010
- By Jon Friedman
He added that he has "been quite critical" of Robert Rubin and Charles Prince of Citigroup and he "went after" Federal Reserve Chairman Ben Bernanke and Treasury Secretary Timothy Geithner "for not seeing what was going on Lehman Bros."
5:20 p.m. April 27, 2010
- By Ronald D. Orol
Another controversial measure would require regulators to collect fees from all the big banks to create a $50 billion fund that could be used to dismantle a failing bank so that its collapse doesn't cause a panic like the bankruptcy of Lehman Bros. did in 2008.
6:57 p.m. April 26, 2010
- By Max Frumes
There's not a way around it other than the government to take a suicide pact" by allowing them to fail, as Lehman Bros. did.
6:09 p.m. April 26, 2010
- By Ronald D. Orol
Majorities also support having fees collected from large financial institutions to create a fund that would be used to liquidate a large bank so that its collapse wouldn't unsettle the economy, as the bankruptcy of Lehman Bros. did in September 2008 However, the poll showed that 43% of respondents support federal regulation of the derivatives market with 41% opposed.
9:06 a.m. April 23, 2010
- By Sam Mamudi
His reputation as a savvy, value-based investor meant the deal was viewed as strong backing for the sector at a time when there were fears other banks would join Lehman Bros. in bankruptcy.
2:35 p.m. April 19, 2010
- By Greg Morcroft
He also said Lehman employees have been, "unfairly vilified" as a result of the events surrounding the firm's demise.
11:39 a.m. April 13, 2010
- By Rex Nutting
The report argues that bank regulators will have to consider "more direct methods to address systemic risks" - the kind of interconnected links that proved so damaging to the global financial system and economy after Bear Stearns, Lehman Bros., and American International Group failed in 2008. During the Lehman and AIG crisis, regulators "had to make expensive decisions" based on very little information, the fund said.
1:03 a.m. March 19, 2010
- By Michael Kitchen
The 2,200-page report on why Lehman Bros. failed, unsealed last week, may open the door to lawsuits against the former management, Alistair Barr reports.
1:22 p.m. March 17, 2010
- By Rex Nutting
WASHINGTON (MarketWatch) -- The House Financial Services Committee will hold a hearing into the bankruptcy of Lehman Bros., after requests from members of both parties. Earlier this week, the court-appointed bankruptcy examiner issued a report detailing accounting maneuvers used by Lehman to hide up to $50 billion in debt.
10:05 a.m. March 13, 2010
- By MarketWatch
Lehman autopsy throws Ernst & Young into spotlight Ernst & Young came under fresh public scrutiny after a report on the Lehman Bros. collapse alleged that the accounting firm’s audit failed to challenge transactions that essentially hid $50 billion of the investment bank’s assets. Examiner says bankrupt Lehman could face lawsuits Bankrupt financial giant Lehman Bros.’ former top officers, its auditor and several rival brokers could face legal claims, a court-appointed examiner says.
6:34 p.m. March 12, 2010
- By MarketWatch
Lehman autopsy shows evidence of problems Bankrupt financial giant Lehman Bros.' former top officers, its auditor and several rival brokers could face legal claims, a court-appointed examiner said in a report released Thursday. Lehman Brothers used an accounting maneuver to make itself look financially stronger than it actually was, and the firm used it so much one executive called it a "drug."
6:05 p.m. March 12, 2010
- By MarketWatch
Lehman autopsy throws Ernst & Young into spotlight Ernst & Young came under fresh public scrutiny after a report on the Lehman Bros. collapse alleged that the accounting firm’s audit failed to challenge transactions that essentially hid $50 billion of the investment bank’s assets. Examiner says bankrupt Lehman could face lawsuits Bankrupt financial giant Lehman Bros.’ former top officers, its auditor and several rival brokers could face legal claims, a court-appointed examiner says.