CEO Richard Fuld

Lehman Brothers Holdings Inc. (LEHMQ) investors traded about $1.9 billion of the defunct investment bank’s debt last month as they awaited news of their first payout after three years of bankruptcy, down about 47 percent from more than $3.6 ...  

(NEW YORK) Barclays Plc asked a US District judge to enforce a US$50 billion deal struck in 2008 to buy bankrupt Lehman Brothers Holdings Inc's North American assets, saying it would 'jeopardise' future sales of distressed companies if contracts and promises weren't honoured.  

Lehman Brothers Holdings Inc. is suing Citigroup Inc. to try to recover $2.5 billion transferred to Citigroup in the weeks before Lehman's September 2008 bankruptcy filing, The Wall Street Journal reports. Just after its bankruptcy filing, Lehman asked Citi to return $2 billion being held in a segregated Citi account since that June, and Citi refused, according to a Wednesday filing with the U.S. Bankruptcy Court in Manhattan.  

NEW YORK -- Lehman Brothers Holdings Inc. and its creditors are suing several units of Citigroup Inc. to recover $2.5 billion the failed investment bank transferred to a backup account at Citi months before seeking bankruptcy court protection.  

Writing books on finance is one thing; reading them is another. So I discovered when I invited Satyajit Das and Emanuel Derman to discuss their reading in the wake of the crisis that killed off Lehman Brothers Holdings Inc. Das, the derivatives ...