He's back in the fold. Late Friday an assistant to former Lehman Brothers Chairman and Chief Executive Officer Richard Fuld Jr. sent a blast email saying he has landed at Matrix Advisors, LLC, located at 780 Third Avenue in New York ...Read More
It's like "The Apprentice" meets Amway. Donald Trump is synonymous with luxury high-rises, his TV show and his distinctive hairstyle. Now he's putting his name on a vitamin and health products business whose salespeople make money by recruiting more salespeople. The ubiquitous ...Read More
Gradkowski takes over starting QB gig for Raiders ALAMEDA, Calif. — The Oakland Raiders benched former No. 1 overall pick JaMarcus Russell on Wednesday, handing the starting job to journeyman Bruce Gradkowski for the foreseeable future. Coach Tom Cable made the announcement ...Read More
ALAMEDA, Calif. -The Oakland Raiders benched former No. 1 overall pick JaMarcus Russell on Wednesday, handing the starting job to journeyman Bruce Gradkowski for the foreseeable future. Coach Tom Cable made the announcement of the change following practice as the Raiders ...Read More
WASHINGTON -- This week, Neil Barofsky, the official watchdog for the Treasury Department's Troubled Asset Relief Program, issued his latest analysis on bailout accountability. The topic: American International Group ( AIG - news - people ), the original bailout recipient that ...Read More
MILAN (Dow Jones)--Industrial production in the largest euro-zone economies indicate robust economic growth in the third quarter but also point to an imminent slowdown, according to fresh data released Tuesday. Industrial output in September declined from August by 1.5% in France ...Read More
Barclays PLC, one of the few British banks not to resort to a multibillion government bailout, posted a 54% fall in third-quarter net profit as impairment charges continued to weigh, although they will peak earlier than expected. Net profit for the ...Read More
Taylor Swift didn't waste any time addressing her personal life - or that Kanye West VMA incident, for that matter - during her hosting stint on this week's "Saturday Night Live," tackling both in her opening monologue. With, appropriately enough, ...Read More
Nov. 6 (Bloomberg) -- Fannie Mae, the money-losingmortgage-finance company seized by regulators, said it has$15.8 billion in claims against bankrupt securities firm LehmanBrothers Holdings Inc. that it will at best partially recover. “Based on Lehman Brothers’ financial condition, we believewe will ...Read More
Nov. 6 (Bloomberg) -- NEC Corp., Japan’s largest maker ofpersonal computers, plans to raise as much as 134 billion yen($1.5 billion) by selling stock to help fund new businesses andpay off debt.
The Tokyo-based company will sell as many as 537.5 ...Read More
Nov. 2 (Bloomberg) -- An eclectic batch of artworks thatonce adorned the corporate offices of Lehman Brothers HoldingsInc. sold for $1.35 million yesterday at Freeman’s Auctioneersin Philadelphia. While the tally for the 283 lots was almost double theprojected total of as ...Read More
PHILADELPHIA--If only paintings could talk.
For years, Georges Schreiber's 1945 view of a coral sun setting over Manhattan's Financial District hung in the New York boardroom of Lehman Brothers. On Sunday, the oil painting, "Brooklyn Bridge," was auctioned off to the ...Read More
PHILADELPHIA -- Even in these trying financial times, you're not going to see many going-out-of-business sales like this one. On Sunday, hundreds of works from the art collection of failed banking giant Lehman Brothers will go on the auction block at ...Read More
When Lehman Brothers, with its 158-year history as a pillar of finance, vaporized in a bankruptcy filing last year, one asset it left behind was its art collection. Assembled over many years, it's a wide-ranging selection of works, including signed prints ...Read More
Treasury Secretary Timothy Geithner said yesterday giving the government the power to dismantle mammoth financial firms like Lehman Brothers will prevent future bailouts. In a House hearing, Geithner refuted angry claims by Republicans and at least one Democrat that the proposal ...Read More
WASHINGTON - Treasury Secretary Timothy Geithner said Thursday that giving the government the power to dismantle mammoth financial firms like Lehman Brothers will prevent future bailouts.
In a House hearing, Geithner refuted angry claims by Republicans that the proposal would create ...Read More
WASHINGTON—A year after Lehman Brothers collapsed, helping to trigger the worst financial crisis in seven decades, the Obama administration is pressing Congress for the power to dismantle other nonbank firms considered so large and influential that they could bring down ...Read More
Adds CFO comments and background about the acquisition of Lehman operations) Of DOW JONES NEWSWIRES TOKYO (Dow Jones)--Japan's Nomura Holdings Inc. (8604.TO) moved a step closer to fulfilling its ambitions of becoming a global investment bank, as it reported international revenue that ...Read More
TOKYO -- Nomura Holdings Inc. stayed in the black for a second straight quarter, helped by a recovery in financial markets and the broadening of its business overseas through the acquisition of parts of Lehman Brothers.
Profit for the July-September period ...Read More
U2 are currently nearing the end of a North American tour
U2 are to perform a free concert at the Brandenburg Gate to mark 20 years since the fall of the Berlin Wall.
The 5 November gig will form part of ...Read More
LOS ANGELES (Reuters) - Ricky Gervais is known as an edgy comedian, and the Golden Globes are considered the least stuffy of film and television awards shows. So it's little wonder that Gervais sees his hosting job for the 2010 ...Read More
