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...  

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...  

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.  

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.  

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.  

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...  

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 ...