From dealbook.blogs.nytimes.com
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NEW YORK (Fortune) -- When Erin Callan, Lehman Brothers' onetime golden girl, left the firm in July, it was a tumultuous end to what had been a stellar 13-year run. She'd risen from tax lawyer to investment banker to a six-month stint as CFO - and was then thrown under the bus by her mentor, CEO Dick Fuld, as Lehman's share price tanked and rumors swirled about the firm's imminent demise. Now that Lehman has gone splat, its shareholders have been wiped out, and the whole investment-bank...
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Lehman Brothers Collapse affects UAE
Despite previous claims that the UAE would be “unaffected” by the collapse of the US investment bank Lehman brothers - It is now turning out that this is not the case. Just exactly what impact this will have on teh UAE is uncertain at this time, but it is likely to be substantial.
Possibly hundreds of retail and corporate investors may have lost their investments in structured products offered by Lehman Brothers through some banks operating in the Emirates...
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Well the rumours have been swirling for quite a while now, but now it’s offical from Lehman Brothers themselves.
In an official release about their chapter 11 bankruptcy filing posted to their website (PDF format warning)… they stated the following:
For Immediate Release
Media Contact: Monique Wise
1-646-333-9056
Investor Contact: Shaun Butler
1-212-526-8381
LEHMAN BROTHERS HOLDINGS INC. ANNOUNCES IT INTENDS TO FILE CHAPTER 11 BANKRUPTCY PETITION; NO OTHER LEHMAN BROTHERS’ U.S...
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The financial fallout outside the United States from Lehman Brothers‘ bankruptcy has been about $300 billion, the head of Germany’s financial regulator said on Monday.
“We’re still licking the wounds of Lehman,” Jochen Sanio, president of the German Federal Financial Supervisory Authority, told...
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HONG KONG -(Dow Jones)- India's Axis Bank Ltd. (532215.BY) booked US$2 million losses related to Lehman Brothers Holdings Inc. in its second quarter ended Sept. 30, Axis Chairman P.J. Nayak said Monday.
From news.search.yahoo.com via
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- Backgrounder: Lehman Brothers Holdings Inc. (news.google.com)
Lehman Brothers Holdings' former chief financial officer, Erin Callan, is in contract to sell her two-bedroom condominium in New York's 15 Central Park West.
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From MiamiHerald.com
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Sellers of insurance on bonds issued by bankrupt Lehman Brothers Holdings Inc. are now likely to face demands that they pay out more than 91 cents on the dollar to buyers of those insurance contracts.
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BANGKOK, Oct 13 (Reuters) - Thailand's Central Plaza Hotel CENT.BK (CENTEL) said on Monday it was keen to buy back stakes in two hotels on the Thai resort island of Phuket from failed U.S. investment bank Lehman Brothers. "If they sell, we are ...
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From search.msn.com
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Preferred stock issued by Capital Crossing, a unit of bankrupt Lehman Brothers Holdings Inc., has plunged in recent weeks and investors fear the next round of quarterly dividends won’t materialize.
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From news.search.yahoo.com via
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SINGAPORE: Hundreds of distraught investors flooded a park yesterday to express their anguish at losses from structured notes issued by Lehman Brothers Holdings Inc that they say were sold to them by banks as safe investments.
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From nst.com.my
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Hundreds of distraught Singaporean investors flooded a park to express their anguish at losses from structured notes issued by Lehman Brothers Holdings Inc.
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NEW YORK | Sellers of insurance on bonds issued by Lehman Brothers Holdings Inc. could face demands that they pay more than 91 cents on the dollar to buyers of those contracts.
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From kansascity.com
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Lehman Brothers Sellers of credit-default protection on bankrupt Lehman Brothers Holdings Inc.
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