CEO Richard Fuld

Equity Residential has entered into an agreement with the owners of Archstone that will result in Equity Residential receiving $150 million after exercising its option to purchase a 26.5 percernt interest in Archstone and Lehman Brothers Holdings Inc. Lehman, the other owner of Archstone, has executed a binding purchase agreement with the sellers to acquire this Archstone interest for $1.58 billion. This transaction is expected to close in...  

May 30 (Bloomberg) -- Bryan Marsal, co-founder of Alvarez & Marsal Inc., talks about the outlook for the U.S. banking industry and implementation of the Dodd-Frank Act. Marsal, speaking with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "InsideTrack," also discusses his tenure as Chief Executive Officer of Lehman Brothers Holdings Inc. and the European debt crisis. (Source: Bloomberg)  

The battle with Equity Residential (NYSE: EQR) for control of Archstone is apparently nearing an end. Lehman Brothers Holdings Inc. announced it has exercised its right of first offer to purchase the remaining stake in the apartment company held by affiliates of Bank of America and Barclays Capital. The deal will block EQR and will give Lehman full ownership of Archstone. As such, "we will now be able to move forward and pursue monetization...  

That is not to say that former Lehman leaders are off the hook though. Former Lehman CEO Richard Fuld is currently the subject of three civil lawsuits tied to Lehman's collapse and investigations by two state attorney generals and Congress ...  

Lehman Brothers Holdings Inc. is buying the remaining 26.5 percent it didn't already own of Colorado-based apartment company Archstone for $1.58 billion. Reuters reports that the sellers are Barclays Capital and Bank of America Corp. Previously, Lehman bought another 26.5 percent of Arapahoe County-based Archstone for $1.325 billion in January. Lehman has been trying to prevent Sam Zell's real estate investment trust Equity Residential from...  

NEW YORK (AP) — The Wall Street Journal is reporting that Lehman Brothers Holdings Inc.'s bankruptcy estate has reached a deal to acquire a bigger stake in apartment-building owner Archstone for $1.58 billion. The report on the newspaper's website Thursday cites unnamed persons familiar with the matter. Lehman's estate owns 73.5 percent of Englewood, Colo.-based Archstone and has sought to buy the remaining 26.5...  

NEW YORK--(BUSINESS WIRE)--Lehman Brothers Holdings Inc. announced that it has exercised its right of first offer to purchase the remaining stake in Archstone held by affiliates of Bank of America and Barclays Capital...  

Securities and Exchange Commission investigators have concluded their probe of possible financial fraud at Lehman Brothers Holdings Inc. and determined they will probably not recommend any enforcement action against the firm or its former executives, according to an excerpt of an internal agency memo.  

U.S. Securities and Exchange Commission investigators have concluded their probe of possible financial fraud at Lehman Brothers Holdings Inc. and determined that they will probably not recommend any enforcement action against the firm or its former executives, according to an excerpt of an internal agency memo. Under a heading reading “Activity in the Last Four Weeks,”…Continue reading »Follow Dealbreaker on Twitter or become a fan on Facebook...  

The Wall Street Journal is reporting that Lehman Brothers Holdings Inc.'s bankruptcy estate has reached a deal to acquire a bigger stake in apartment-building owner Archstone for $1.58 billion.  

NEW YORK — Bank of America Corp. and Barclays Bank PLC are selling their stake in apartment building owner Archstone to Lehman Brothers Holdings Inc.’s bankruptcy estate for $1.58 billion. The transaction will give Lehman’s estate full ownership of ...  

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced it has entered into an agreement with the owners of Archstone, a privately-held owner, operator and developer of multifamily apartment properties, which will result in the company receiving $150 million after exercising its option to purchase a 26.5% interest in Archstone and Lehman Brothers Holdings Inc. (“Lehman”) thereafter acquiring that interest under its right of...  

NEW YORK--(BUSINESS WIRE)--Bank of America announced today that it and Barclays Bank PLC have entered into an agreement with Equity Residential and Lehman Brothers Holdings Inc. pursuant to which Bank of America and Barclays will sell their remaining 26.5 percent interest in Archstone, a privately-held owner, operator and developer of multifamily apartment properties, for a purchase price of $1.58 billion to Lehman pursuant to Lehman’s...  

It’s Alive! Four years ago, the financial meltdown that almost turned into a depression began at the doorstep of Lehman Brothers CEO Richard Fuld Jr. That first domino fell hard, and Fuld could not believe his firm would not be rescued by the Federal government.  

(Reuters) - Lehman Brothers Holdings Inc said it would acquire the remaining 26.5 percent of apartment company Archstone that it didn't already own from Barclays Capital (BARC.L) and Bank of America Corp (BAC.N) for $1.58 billion. Sources told ...  

May 25 (Reuters) - Lehman Brothers Holdings Inc said it has bought the remaining 26.5 percent of apartment company Archstone that it doesn't already own from Barclays Capital and Bank of America Corp...  

Bank of America Corp. and Barclays Bank PLC are selling their stake in apartment building owner Archstone to Lehman Brothers Holdings Inc.'s bankruptcy estate for $1.58 billion. The transaction will give Lehman's estate full ownership of Englewood, Colo.  

(Adds quotes from Lehman's chairman) May 25 (Reuters) - Lehman Brothers Holdings Inc said itwould acquire the remaining 26.5 percent of apartment companyArchstone that it didn't already own from Barclays ...  

U.S. Securities and Exchange Commission investigators have concluded their probe of possible financial fraud at Lehman Brothers Holdings Inc. and determined that they probably won’t recommend any enforcement action against the firm or its ...  

NEW YORK (Reuters) - Lehman Brothers Holdings Inc, one of three owners of Archstone, has reached a deal to buy the last portion of the apartment company it does not own for $1.58 billion, sources with knowledge of the matter said on Thursday. Lehman will ...  

U.S. Securities and Exchange Commission investigators have concluded their probe of possible financial fraud at Lehman Brothers Holdings Inc. and determined that they will probably not recommend any enforcement ...  

Lehman Brothers Holdings Inc.'s bankruptcy estate has reached a deal to acquire a bigger stake in apartment-building owner Archstone for $1.58 billion, according to a published report. The deal calls for Lehman to buy the stake from Bank of America Corp ...  

NEW YORK (Reuters) - Lehman Brothers Holdings Inc, one of three owners of Archstone, has reached a deal to buy the last portion of the apartment company it does not own for $1.58 billion, sources with knowledge of the matter said on Thursday. Lehman will buy the 26.5 percent of Archstone that it does not own from Bank of America Corp and Barclays Plc . In January, Lehman bought half the banks ...  

NEW YORK, May 24 (Reuters) - Lehman Brothers Holdings Inc, one of three owners of Archstone, has reached a deal to buy the last portion of the apartment company it does not own for $1.58 billion, sources with knowledge of the matter said on Thursday.  

U.S. Securities and Exchange Commission investigators have concluded their probe of possible financial fraud at Lehman Brothers Holdings Inc. without recommending enforcement action against the firm or its former executives, according to an ...  

Lehman Brothers Holdings Inc. confirmed its will buy the 26.5% stake in Archstone it doesn't already own for $1.58 billion, ending a high-stakes battle over the control of the apartment giant.  

Lehman Brothers Holdings Inc. agreed to buy the rest of apartment owner Archstone for almost $1.6 billion from Bank of America Corp. and Barclays Plc (BARC), ending a dispute with the banks over the price, a person familiar with the deal said.  

U.S. Securities and Exchange Commission investigators have concluded their probe of possible financial fraud at Lehman Brothers Holdings Inc. and determined that they will probably not recommend any enforcement action against the firm or its ...  

NEW YORK May 24(Reuters) - Lehman Brothers Holdings Inc, one of three owners of Archstone, has reached a deal to buy the last portion of the apartment company it does not own for $1.58 billion, said a source familiar with the deal on Thursday.  

NEW YORK (Reuters) - Lehman Brothers Holdings Inc, one of three owners of Archstone, has reached a deal to buy the last portion of the apartment company it does not own for $1.58 billion, said a source familiar with the deal on Thursday. Lehman will buy the 26.5 percent of Archstone that it already does not own from Bank of America Corp and Barclays Plc . In January, Lehman bought half the banks' stake, or 26.5 percent of the Archstone, for $1...  

WASHINGTON (MarketWatch) - The Securities and Exchange Commission has decided to end its investigation of potential fraud at bankrupt Lehman Brothers Holdings Inc. without any enforcement actions against the firm or its former executives, according to Bloomberg on Thursday, citing an excerpt from an internal SEC memo. The SEC had been examining whether the big bank, which drove an expanding credit crunch into a full-blown financial crisis...  

Former Lehman Brothers Holdings Inc. Managing Director Bradley H. Jack is in plea negotiations with Connecticut prosecutors regarding a drug-prescription forgery charge, his lawyer said following a court hearing in Norwalk. To contact the ...  

Trading in Lehman Brothers Holdings Inc. debt shrank in April to around one-sixth of its peak this year when investors jockeyed to buy the defunct investment bank’s debt before the record date for its first payment to creditors, a report said.  

Bank of America Corp. and Barclays PLC denied that they engaged in illegal or harmful conduct in their efforts to sell part of a stake in Archstone to Equity Residential Inc., Bloomberg reported. Lehman Brothers Holdings Inc. revised a lawsuit last month to stop them from selling their remaining stake in Archstone to Equity Residential. Lehman said the banks would be "unjustly enriched" if Lehman was forced to match Sam Zell of Equity's $1.5...  

One tale many love to tell about Richard S. Fuld, besides the one involving him destroying an 158 year-old institution, is that of the time he got into a fistfight at his son’s hockey game, with a parent from the opposing team. Though there have been many stories over the years of adults who lack impulse control throwing down at their children’s sporting events, perhaps people were fascinated by the fact that the the CEO of a public company...  

Treasury Secretary Timothy Geithner says J.P. Morgan Chase & Co.'s collateral requests from a stricken Lehman Brothers Holdings Inc. was "immaterial" to Lehman's collapse and the filing of the largest bankruptcy in U.S. history. Mr. Geithner, according to ...  

Treasury Secretary Timothy Geithner says J.P. Morgan Chase & Co.’s collateral requests from a stricken Lehman Brothers Holdings Inc. was “immaterial” to Lehman’s collapse and the filing of the largest bankruptcy in U.S. history.  

NEW YORK--(BUSINESS WIRE)--Lehman Brothers Holdings Inc. announced today that its bankruptcy plans in the SunCal bankruptcy cases have gone effective and as a result Lehman has taken title to a portfolio of California properties formerly owned by affiliates of the SunCal Companies. The plans were confirmed by the SunCal bankruptcy court in California in October 2011 and approved by the Lehman bankruptcy court in New York in July 2011. The...  

One tale many love to tell about Richard S. Fuld, besides the one involving him destroying an 158 year-old institution, is that of the time he got into a fistfight at his son’s hockey game, with a parent from the opposing team. Though there have been ...  

A settlement of a lawsuit between investors who lost money in the collapse of Lehman Brothers Holdings Inc. and the bank’s top brass, among them former Chief Executive Richard Fuld and ex-finance chief Erin Callan, has hit a Kenny Rogers ...  

Richard Fuld, Lehman's CEO, had a different system. Whenever Fuld's limousine approached Lehman headquarters, his chauffeur would call in; a specially programmed elevator would descend to the garage, held there by a guard until he arrived. Then the ...  

NEW YORK--(BUSINESS WIRE)--Lehman Brothers Holdings Inc. announced today in a court filing the percentage recovery that will be distributed to holders of allowed claims against various former Lehman Debtors when the initial distributions begin on April 17, 2012. Lehman’s initial distribution to creditors will total approximately $22.5 billion. This distribution includes both payments to 3rd party creditors and payments among the Lehman Debtors...  

(Reuters) - A federal judge has narrowed Lehman Brothers Holdings Inc's $8.6 billion lawsuit against JPMorgan Chase & Co , potentially reducing how much creditors of what was once the fourth-largest U.S. investment bank may ultimately recover.  

Bank of America Corp. (NYSE: BAC) told a New York bankruptcy court it did nothing illegal or wrong in trying to sell a stake in apartment owner Archstone to Equity Residential for almost $1.5 billion. The move is being opposed by bankrupt Lehman Brothers Holdings Inc., which is seeking to recover money on behalf of creditors of the former investment bank, which imploded in 2008. Bloomberg reported that Lehman has agreed to purchase half the...  

(Reuters) - With a nod to country singer Kenny Rogers, a federal judge has refused for now to allow insurers for former officers and directors of Lehman Brothers Holdings Inc to pay $90 million to settle a fraud lawsuit brought by investors. U.S. District Judge Lewis Kaplan in Manhattan on Thursday directed five former officers of the investment bank, including Chief Executive Richard Fuld, to file financial paperwork by May 10 to help him...  

The Commodity Futures Trading Commission said on Wednesday that JPMorgan Chase will pay $20 million to settle charges that it unlawfully handled customer segregated funds at Lehman Brothers Holdings Inc.  

Lehman Brothers Holdings Inc. (LEHMQ) lashed out at Sam Zell's deal with Bank of America Corp. (BAC) and Barclays PLC (BCS) to extend Zell's option to buy their remaining stake in the Archstone apartment company, saying the stalling is "detrimental to Archstone's operations." Continuing a fight over the banks' remaining 26.5% stake in Archstone, majority owner Lehman said Zell-owned Equity ...  

(Reuters) - With a nod to country singer Kenny Rogers, a federal judge has refused for now to allow insurers for former officers and directors of Lehman Brothers Holdings Inc to pay $90 million to settle a fraud lawsuit brought by investors. U.S. District ...  

With a nod to country singer Kenny Rogers, a federal judge has refused for now to allow insurers for former officers and directors of Lehman Brothers Holdings Inc. to pay $90 million to settle a fraud lawsuit brought by investors. U.S. District ...  

Lehman Brothers Holdings Inc. said Monday it took ownership of a valuable California land portfolio from SunCal Cos., officially ending a long-running legal battle between the failed investment bank and California's largest land developer. Lehman and ...  

WASHINGTON -- Securities and Exchange Commission Chairman Mary Schapiro said Wednesday that regulators are still investigating the collapse of Lehman Brothers Holdings Inc., but declined to say whether the agency would ever be in a position to file civil ...  

Setai Owners LLC, a hotel company affiliated with Lehman Brothers Holdings Inc., today announced that the Setai Resort & Residences is under new management. The owner terminated its agreement with General Hotel Management, Ltd. and GHM (South Beach) LLC ...  

April 20 (Reuters) - JPMorgan Chase & Co on Friday won the dismissal of a pension fund lawsuit accusing it of mishandling its money by investing in notes from its client Lehman Brothers Holdings Inc, which later went bankrupt. The decision by U ...  

JPMorgan Chase & Co. (JPM), fighting Lehman Brothers Holdings Inc. over $8.6 billion the defunct firm wants back, won dismissal of some of Lehman’s claims, leaving it to fight the rest. U.S. Bankruptcy Judge James Peck said Lehman cannot claim ...  

(Reuters) - JPMorgan Chase & Co (NYS:JPM - News) on Friday won the dismissal of a pension fund lawsuit accusing it of mishandling its money by investing in notes from its client Lehman Brothers Holdings Inc, which later went bankrupt. The ...  

Germany’s Bundesbank agreed to sell Excalibur, a vehicle created by Lehman Brothers Holdings Inc., to a fund managed by Dallas-based Lone Star Funds. The asset sold has a nominal value of 1.4 billion euros ($1.8 billion), the Frankfurt-based ...  

Jive Investments Holding Ltd., the firm that acquired a portfolio of Lehman Brothers Holdings Inc. (LEHMQ)’s Brazil assets, plans to buy an additional 1.1 billion reais ($600 million) of distressed loans. The new investments will include non ...  

The U.K. unit of Lehman Brothers Holdings Inc. said it plans to start returning money to unsecured creditors by the end of 2012. "We are pleased to confirm there does now seem to be sufficient clarity that we can plan to make a first interim ...  

WASHINGTON (Reuters) - The Commodity Futures Trading Commission said on Wednesday that JPMorgan Chase & Co will pay $20 million to settle charges that it unlawfully handled customer segregated funds at Lehman Brothers Holdings Inc. The CFTC's order also ...  

(RTTNews) - Financial services giant J.P. Morgan Chase & Co. (JPM: News ) has agreed to pay a $20 million fine to settle the U.S. Futures regulator's allegations that the bank mishandled Lehman Brothers Holdings Inc.'s (LEHMQ.PK: News ) customer funds.  

WASHINGTON (Reuters) - The Commodity Futures Trading Commission said on Wednesday that JPMorgan Chase & Co will pay $20 million to settle charges that it unlawfully handled customer segregated funds at Lehman Brothers Holdings Inc. The action comes as the CFTC and other regulators continue to probe what happened to segregated customer funds in the October 2011 collapse of MF Global Holdings Ltd , a commodity trading firm that also did business...  

JPMorgan, the largest U.S. bank, will pay $20 million to resolve a U.S. regulator's claims that the firm mishandled customer funds from Lehman Brothers Holdings Inc. from 2006 to 2008. JPMorgan, serving as Lehman's main clearing bank, counted ...  

Moneycontrol.comLehman Ex-Broker Sentenced in Insider CaseWall Street JournalBy CHAD BRAY NEW YORK— A former Lehman Brothers Holdings Inc. broker, accused of sharing information about pending deals gleaned from his wife who then worked at a public-relations firm, avoided jail time Friday after he pleaded guilty to criminal ...Ex-Lehman Broker Devlin Sentenced to Three Years' ProbationBusinessWeekall 137 news articles »  

Packaged-ice maker Reddy Ice Holdings Inc. confirmed Thursday it plans to file for Chapter 11 bankruptcy protection and expects to commence the bankruptcy case “promptly,” The Wall Street Journal reports. Lehman Brothers Holdings Inc. on ...  

JPMorgan, the largest U.S. bank, will pay $20 million to resolve a U.S. regulator's claims that the firm mishandled customer funds from Lehman Brothers Holdings Inc. from 2006 to 2008.  

Lehman Brothers Holdings Inc next week will begin paying out $22.5 billion (14.1 billion pounds) to its creditors, more than it initially estimated in the first leg of its $65 billion creditor payback plan.  

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A federal judge turned down an appeal by investors that suffered losses after buying so-called minibonds linked to Lehman Brothers Holdings Inc. (LEHMQ), a decision that quashes those investors' bid for greater recovery.  

NYC Office Leasing Lowest Since 2009 as Wall Street Cuts BackSan Francisco ChronicleThat's the smallest three-month tally since the 4.5 million square feet leased in the second quarter of 2009, months after the credit crisis pushed Lehman Brothers Holdings Inc. into bankruptcy and froze demand for space in the biggest US office market ...and more »  

The bankruptcy is In re Lehman Brothers Holdings Inc, U.S. Bankruptcy Court, Southern District of New York, No. 08-13555. (Reporting By Nick Brown in New York; editing by Matthew Lewis)