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lehman brothers holdings inc

Ineffective Auditors Might End Up Buried Along With Dying Banks

Here's hoping the big audit firms get busy living and start sounding alarms at banks that are dying. ...more

January 17, 2009

Japanese Bank Invests In Morgan Stanley

Morgan Stanley got a much-needed cash infusion on Monday, raising $9 billion by selling preferred shares to the Japanese bank Mitsubishi UFJ Financial Group Inc. ...more

October 14, 2008

Wall Street Reels As Dow Plunges More Than 500 Points

The misery worsened on Wall Street Tuesday, with stocks piling on losses late in the session and bringing the two-day decline in the Dow Jones industrials to more than 875 points amid escalating worries about credit markets and the financial sector. ...more

October 7, 2008

Wells Fargo Agrees To Buy Wachovia, Citi Objects

NEW YORK (AP) - A battle broke out for control of Wachovia Friday as Wells Fargo signed a $15.1 billion agreement to buy the Charlotte, N.C.-based bank, while Citigroup and the federal regulators backing its earlier deal insisted that Citi's takeover bid go forward. ...more

October 5, 2008

Fannie, Freddie Disclose Subpoenas, Investigations

WASHINGTON - A federal grand jury is investigating accounting and disclosure issues at Fannie Mae and Freddie Mac, the mortgage finance companies said Monday. ...more

September 29, 2008

FBI Investigating Insitutions That Triggered Crisis

WASHINGTON (AP) -- The FBI is investigating four major U.S. financial institutions whose collapse helped trigger a $700 billion bailout plan by the Bush administration, The Associated Press has learned. ...more

September 23, 2008

Market's Massive Bailouts Should Signal End Of An Era Of Deregulation

Market forces are great. Until they're not. After nearly three decades of conservatives insisting that government has no business meddling in the private sector, the Bush administration on Friday announced a sweeping plan to spend hundreds of billions of taxpayer dollars bailing out financial institutions that bet wrong on the mortgage market. ...more

September 23, 2008

Japan's Nomura To Buy Lehman Brothers' Asia Units

Nomura Holdings Inc., Japan's largest brokerage, said Monday it has reached a deal to buy the Asian operations of bankrupt U.S. investment bank Lehman Brothers Holdings Inc. The deal includes Lehman's businesses in Japan and Australia. ...more

September 23, 2008