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The attorney-client privilege issue at the heart of the dispute between Barclays and Lehman Brothers got a whole lot bigger Wednesday, when the Boies, Schiller & Flexner team representing Barclays filed papers requesting access to privileged documents from as many as three additional Am Law 100 firms. This is the latest -- and probably the biggest -- power play in the dispute over the ...
After decades largely spent shutting down no-name firms with a few hundred customers, Stephen P. Harbeck spent the last year overseeing the largest bankruptcy on record, Lehman Brothers, and the largest Ponzi scheme in history, Madoff’s.
Stephen P. Harbeck, the head of the Securities Investors Protection Corporation, has been criticized for failing to help the victims of feeder or pension funds lost in the Madoff Ponzi scheme.
Dec. 10 (Bloomberg) -- Yoon Sung Duk says people called him “crazy” when he expanded his factory just as the financial crisis hit South Korea. His decision helps explain why the nation is at the forefront of the global recovery.
Dec. 10 (Bloomberg) -- The Swiss central bank may leave its benchmark interest rate unchanged today and signal that it isn’t yet time to withdraw unconventional measures as the economy recovers.
The man who opened Lehman Brothers’ gleaming headquarters in London is the one who is now the first to design a tax specifically targeting bankers, writes Steve Goldstein.
Dec. 10 (Bloomberg) -- Scan Energy A/S postponed its $232 million initial public offering, becoming the second company to shelve a German IPO in less than a week.
As you try to figure out how to put your money to work in a market that veers from depression to mania, you're confronted with two opposing facts that lead to opposing investing strategies.
Dec. 9 (Bloomberg) -- Peter Santoro , head of institutional markets at Citadel Investment Group LLC, left the firm as Ken Griffin reshuffles management at his investment bank, according to two people familiar with the situation.
Sullivan & Cromwell on Wednesday announced plans for Chairman H. Rodgin Cohen to assume a senior role at the firm and partner Joseph C. Shenker to take over as chairman on Jan. 1. Shenker had been expected to assume the role of chairman since 2006, when the firm named him vice chairman as part of a succession plan that would have Cohen stepping down by age 65. Cohen will remain on the management ...
The worst is not yet past. Be prepared.
Dec. 9 (Bloomberg) -- Barclays Plc , sued three times last month over an alleged “secret” $5 billion windfall profit from its purchase of Lehman Brothers Holdings Inc.
Dec. 10 (Bloomberg) -- Ask Japanese why their economy plunged in 2008 and most will blame the “Lehman shock.” A year from now, the “Dubai shock” may crop up in discussions about why Japan is shrinking anew.
67 WALL STREET, New York - December 8, 2009 - The Wall Street Transcript has just published its Oil & Gas Production and Distribution Report offering a timely review of the sector to serious investors and industry executives. This 76 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is ...
SYDNEY -(Dow Jones)- Australian Treasurer Wayne Swan described much better than expected employment figures released earlier Thursday as encouraging, but again cautioned that challenges remain for the global economy.
Third-quarter numbers show hedge funds recovering.
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