Results tagged “Lehman” from Dealbreaker
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Nomura Banker Not Amused By Being Told She Was Better Suited For Housework, Boss Referring To Her Rack As "Knockers"
Nov 04, 2009, 2:18pm
Posted by Bess Levin
Kidding, no one would ever use a term like that in the office. What the guy actually called them was "honkers." As previously discussed, Nomura's acquisition of Lehman's internal operations has not gone as smoothly as everyone had hoped. The...
Nomura: Summer's Over So Lock It Up, Finger Sluts
Oct 16, 2009, 11:46am
Posted by Bess Levin
As we've discussed before, Nomura's acquisition of Lehman's internal operations has not gone as smoothly as everyone had hoped. The Lehman employees are being very difficult, all but refusing to submit to their new employer's way of doing things. Particularly...
Lehman Scores A Victory From Beyond The Grave
Jun 24, 2009, 1:58pm
Posted by Greg Michaels
After happily watching Lehman free fall into bankruptcy and cherry picking the remains, Barclays is now on the hot seat for screwing Lehman a second time by overstating the liabilities it was assuming and later booking a $4 billion gain....
Lehman Doubles Down On Its Former Head Of Real Estate
Jun 17, 2009, 12:08pm
Posted by Greg Michaels
Lehman simply can't quit Mark Walsh. Even though the former head global head of real estate helped bring down the firm through a series of ruinous transactions, Lehman's estate selected a group headed by Walsh and several of his colleagues...
The Lehman Bankruptcy At A Glance
Posted in Lehman, Sep 15, 2008, 10:48am
Posted by Equity Private
Best observation: It might be a good idea to expand the maximum check-box answers on the form for: Estimated Number of Creditors (Over 100,000). Estimated Assets (More than 1 Billion). Estimated Liabilities (More than 1 Billion). Potential Inaccuracies: "Does the...
S&P Reaffirms Lehman's Counterparty Credit Rating
Jul 11, 2008, 12:41pm
Posted by John Carney
Standard & Poor's has now come to Lehman Brothers' defense, saying that the counterparty credit rating of Lehman remains high. S&P gives Lehman a counterparty credit risk rating of "A/A-." S&P said the persistent and ongoing pressure on Lehman's stock...
PIMCO's Bill Gross: The Fed Will Keep Lehman Afloat
Jul 10, 2008, 1:29pm
Posted by John Carney
Bill Gross just appeared on CNBC to crush the rumor that Pimco was diminishing its exposure to Lehman Brothers either by reducing its trading positions with Lehman or reducing any investment in Lehman. In his comments he said that Pimco's...
Irresponsible Rumor Mongering About LEH
Jul 10, 2008, 10:42am
Posted by Bess Levin
This morning Lehman was down by 15%, about half of the decline at Fannie Mae. Lehman's credit default swap spreads blew out 35 basis points to 320 basis points. That means it'll cost you $320,000 per year for five years...
Lehman, Barred From Platts Pricing, Still Trading Oil
Jul 10, 2008, 10:37am
Posted by John Carney
Lehman Brothers is still under "temporary review" by Platts but yesterday it traded an oil contract during the end of day price-setting period that Platts uses to set bench-mark prices, according to Reuters. On Monday Lehman was barred from participating...
Lehman Grants Mid-Year "Bonus"
But Here's The Catch: It's In Lehman Stock
Jul 02, 2008, 4:46pm
Posted by John Carney
After last week's unanswered question about how--and whether--Lehman Brothers would be able to pay its employees as compensation costs for the early months of the year outpaced revenues, Lehman is awarding its employees with mid-year stock bonuses, according to the...
Independence Day: Why Lehman's Insistent Independence Is Not Reassuring
Jul 01, 2008, 3:35pm
Posted by John Carney
Shares of Lehman Brothers traded up this afternoon after Morgan Stanley said it saw scenarios where Lehman's stock could rise as high as $30 from it's present $20 levels. But concerns about its future linger, both inside the firm and...
