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Lehmans three years on: Are investors better off?
Lehman Brothers, the fourth-largest investment bank in the biggest economy in the world, filed for bankruptcy; the Dow Jones industrial average dropped 2.5% – 283 points – by early afternoon. By 17 September, the index had dropped a combined 800 points
Updated: 09/15/2011 06:25A
Emmet Oliver: US handling of Drumm issue puts Irish system to shame
Yet each day that passes, a humble US bankruptcy official, one Kathleen Dwyer, has been able, in surprising detail, to outline how the final years of Anglo unfolded. The law here prevents people like Paul Appleby outlining his case until formal charges
Updated: 09/15/2011 06:24A
Page One: Inside The New York Times
As readers turn to the internet for their news and with advertising following suit, major broadsheets are declaring bankruptcy in record numbers. Andrew Rossi's documentary, an unprecedented axis to the day-to-day inner workings of one of the world's
Updated: 09/15/2011 06:23A
A College Degree Is No Guarantee Against Bankruptcy
Apparently, a degree is no longer a guarantee against bankruptcy. New figures out of a study by the Institute for Financial Literacy released this week that analyzed the demographics of 50000 people seeking bankruptcy show that: People with a
Updated: 09/15/2011 06:23A
Solyndra bankruptcy could signal gray skies ahead for solar power
Businesses fail all the time, but the bankruptcy of solar power company Solyndra is getting some special attention. One, it was the recipient of a massive government loan, and two,
Updated: 09/15/2011 06:20A
Need to Know, September 16, 2011: Privatizing infrastructure, government and
We look at the ways some cities have decided to cope with dwindling funds and the threat of bankruptcy — leasing public assets to private investors. Also, former New Jersey Governor Christine Todd Whitman discusses shrinking state budgets and the
Updated: 09/15/2011 06:00A
Will USD/JPY Target 75.00?
than 1.5% gains in equities in Asia and Europe and growing sense of calm vis a vis Greece as European policymakers reassured the markets that Europe's most troubled creditor member will receive the necessary funds to avoid a possible bankruptcy.
Updated: 09/15/2011 05:48A
Five Things You Need to Know Today: Sept. 15
William Howard Taft, the 27th President of the United States and a Chief Justice of the US Supreme Court, was born on this day in 1857. Also born today were author Agatha Christie (1890), Hall of Fame pitchers Gaylord Perry (1938),
Updated: 09/15/2011 05:48A
'Hangover' From Lehman Continues: Analyst
When Lehman Brothers filed for bankruptcy in September 2008, after sustaining huge losses on its investments in subprime mortgages, it sent markets into a tailspin. The retail end of US banking has been cleaned up in the last three years, Staite said.
Updated: 09/15/2011 05:46A
Dodgers owner reach temporary spousal support deal By The Associated Press
He was paying an additional $412159 a month for the mortgages of six homes and a condominium, but that money will now come from an account created after the sale of a home near the Playboy Mansion. The McCourts have been embroiled in a costly and nasty
Updated: 09/15/2011 05:39A
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