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Posts related to ‘Leh’

The Ghost Of Lehman Bros.

Posted: March 29, 2010 at 3:08 pm

The SEC Corporate Financial Division sent letters to the CFOs of twenty financial firms today reqiesting extremely detailed information about their use of Repo 105 instruments. Bankruptcy examiner Anton Valukas recently wrote as ...
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Learning From Lehman’s Fuld: How To Answer Oversight Questions On Compensation (LEH, LEHMQ)

Posted: October 6, 2008 at 12:57 pm

Richard Fuld, Chairman & CEO of what is left of Lehman Brothers Holdings (LEHMQ) is currently testifying before the House Oversight Committee.  Fuld's answers and demeanor today may offer some ...
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Wamu

Why Washington Mutual (WM) Does Not Matter

Posted: September 26, 2008 at 4:16 am

Washington Mutual (WM) failed yesterday and most of its assets where sold to JP Morgan (JPM). The price was $1.8 billion. JPM will have to write down $31 billion in ...
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Newspaper

Media Digest 9/23/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 23, 2008 at 2:51 am

According to Reuters, Wilbur Ross say the bailout package does not address the core of problem which is mortgage payments. Reuters writes that the National Retail Federation says that this ...
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Newspaper

Media Digest 9/22/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 22, 2008 at 3:00 am

According to Reuters, Goldman Sachs (GS) and Morgan Stanley (MS) will give up their investment banking status and become bank holding companies to have access to the government's proposed $700 ...
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Newspaper

Media Digest 9/18/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 19, 2008 at 2:53 am

According to Reuters, Citigroup (C) is considering buying Washington Mutual (WM).Reuters reports that US markets rallied on word of a potential plan for the government to take over the toxic ...
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Newspaper

Media Digest 9/18/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 18, 2008 at 2:54 am

According to Reuters, Morgan Stanley (MS) is in merger talks with several firms.Reuters says HSBC (HBC) may be a possible buyer for Morgan Stanley.Reuters reports that Washington Mutual (WM) is ...
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Aig_2

AIG Saved: Two Sets Of Rules Becomes No Rules At All

Posted: September 17, 2008 at 4:38 am

Hank Paulson and Ben Bernanke proved that they were not anarchists, willing to risk the financial system burning itself into a pile of ashes. Zeus-like, the Fed will bail out ...
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Aig

Fed Saves AIG’s (AIG) Bacon, Makes Two Sets Of Rules

Posted: September 17, 2008 at 2:59 am

The Fed rescued AIG (AIG), loaning the company $85 billion for two years in exchange for a 79.9% interest in the company.After allowing Lehman (LEH) to fail, the new arrangement ...
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Newspaper

Media Digest 9/17/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 17, 2008 at 2:55 am

According to Reuters, the federal government bailed out AIG (AIG) The Fed will loan the insurance company $85 billion for two years in exchange for a 79.9% stake.Reuters says that ...
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Aig_2

AIG’s (AIG) Last Hours, Paulson The Anarchist

Posted: September 16, 2008 at 5:52 pm

No one could quite get to the crash victim, and now it seems certain AIG (AIG) will not make it out of the wreck.After staging a rally during the day, ...
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Lehman Rains On Solar Stocks Too (LEH, ESLR, JASO)

Posted: September 16, 2008 at 8:25 am

The bankruptcy of Lehman Brothers (NYSE:LEH) and the ongoing counterparty risk scenario isn't just applicable to financial stocks.  This is going to hit a couple of solar stocks pretty hard ...
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Newspaper

Media Digest 9/16/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 16, 2008 at 2:42 am

According to Reuters, the markets will now turn their attention to AIG (AIG) which is struggling to survive.Reuters report that the Fed will probably hold interest rates steady and signal ...
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Pc

A Relentless Day For Bad News: Hewlett-Packard (HPQ) To Cut 25,000

Posted: September 15, 2008 at 4:47 pm

After a savage day in which one Wall St. firm closed and another was sold, perhaps there might have been an evening's respite. Lehman (LEH) has more than 25,000 employees, ...
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Sad_clown

The 52-Week Low Club 9/15/2008 (LEH)(AIG)(ACLS)(ESLR)(GE)

Posted: September 15, 2008 at 2:55 pm

Lehman (LEH) is bankrupt. Its stock plunged to $.15 from $67.73.AIG (AIG) fears that it will be the next to fail. It drops to $3.50 from a 52-week high of ...
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