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Posts related to ‘Lehman’

Lehman Wind Down Costs Hit Three Quarters Of A Billion Dollars

How much does it cost to clean up the Lehman Bros. bankruptcy mess? Hundreds of millions of dollars, apparently. The firm that provides the liquidation service for the court, Alvarez ...
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More Hot Water For Ernst & Young With New Lehman Allegations

It may only be a matter of time before Ernst & Young gets in trouble in its role as auditor regarding the disintegration of Lehman Bros. The New York Times ...
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Tort Reform For The Bank Business

The legal actions against Lehman total, by some estimates, 62,000 plaintiffs which have a total of $785 million in claims against the failed bank. The restructuring of the firm had already cost $642 million as ...
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Lehman Defying Financial Market Malaise (LEH, GS, BSC, MS)

Lehman Brothers Holdings Inc. (NYSE: LEH) has just reported net income of $887 million, or $1.54 per common share (diluted), for the third quarter ended August 31, 2007.  This does ...
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