Posts for Ticker ‘LEHMQ’

Amazingly, Lehman Lives On Despite Bankruptcy (LEHMQ)

Lehman Brothers Holdings Inc. (LEHMQ) is still alive as a stock despite the company being dead.  It turns out that there is actually a little asset value left here, as the company has filed a plan to wind down its remaining assets and to pay out what is left to creditors.  To top it off, Lehman’s shares were up about 20% early this morning on the news that what is left of the company plans to create an asset management unit.  This is being called LAMCO an asset manager, presumably Lehman Asset Management Co.  Perhaps this one will be called “Lame-Co” on the street.

Read More »

Posted on: March 16, 2010 – 8:33 am in Bankruptcy, Brokerage Firms,

Learning From Lehman’s Fuld: How To Answer Oversight Questions On Compensation (LEH, LEHMQ)

Fuld_imageRichard 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 valuable lessons for future CEO’s and executives who have to testify in front of oversight committees when their companies are failing or are in trouble.

We do not really subscribe to the notion that executive compensation is the major issue in troubled institutions nor do we subscribe to the notion that executives should generally be slammed over their compensation packages.  Even if our markets are arguably no longer purely free markets, we are not yet in the world of pay caps. 

Read More »

Posted on: October 6, 2008 – 12:57 pm in Brokerage Firms, Compensation, Law, ,