Tag Archives: lehman-brothers-holdings-inc


Hedge Funds Challenge Lehman Sale

Reuters – A hedge fund that specializes in distressed investments has filed a notice of appeal in the Lehman Brothers Holdings Inc bankruptcy case, indicating it intends to challenge the court order approving the sale of Lehman’s core U.S. business […]

Lehman Brothers Faces Objections to Barclays Sale

Bloomberg – Lehman Brothers Holdings Inc., the U.S. investment bank holding company that filed the largest bankruptcy in history, faces objections to a proposed $1.75 billion sale of its broker-dealer unit to Barclays Plc. Hedge fund Harbinger Capital Partners asked […]

Hopes and fears mix at hedge fund conference

Reuters UK – "Does anyone know what is happening with the markets?" former U.S. Treasury Secretary Lawrence Summers asked after stepping out of his car and into a hedge fund industry conference in Connecticut on Tuesday. And he wasn’t the […]

SEC Plans to Protect Lehman Investors

West Palm Beach (HedgeCo.net) – While coordinating with overseas regulators to protect Lehman’s customers and maintain orderly markets, the SEC staff who have been on-site at the U.S. broker-dealer will remain in place to oversee the orderly transfer of customer […]

Lehman Declares Largest Bankruptcy Filing in History

New York (HedgeCo.Net) – Despite valiant efforts to find investors and stay afloat the credit crisis, Lehman Brothers Holdings Inc. is now at the center of the biggest bankruptcy filing in history. The fourth-largest investment bank filed for Chapter 11 […]

Senate report: Investment banks helped foreigners evade millions in US stock dividend taxes

Los Angeles Times – Big Wall Street investment banks have designed and marketed schemes enabling non-U.S. taxpayers, including offshore hedge funds, to evade millions of dollars in taxes each year on U.S. stock dividends, Senate investigators have found. Some banks […]

Lehman, UBS Among Firms Involved in Tax Dodge, U.S. Probe Says

Bloomberg – Lehman Brothers Holdings Inc., UBS AG and Merrill Lynch & Co. are among Wall Street firms that concocted derivatives and stock-loan deals to help offshore hedge funds dodge hundreds of millions of dollars in U.S. taxes, according to […]

Lehman Stock Down After Korean Investment Talks End

New York (HedgeCo.Net) – Shares of Lehman Brothers Holdings Inc. plummeted on Tuesday amidst increasing investor concerns over the bank’s ability to raise capital.  The stock dropped 45 percent to $7.79 in early afternoon trading, marking the lowest level in […]

Blackstone and KKR eye Lehman assets

Reuters – Blackstone and Kohlberg Kravis Roberts & Co are each looking to buy parts of Lehman’s real estate and asset management units, sources familiar with the situation said on Friday, sparking a broad rebound in financial stocks. The real […]

Federal Reserve investigated Lehman rumors

Reuters – The Federal Reserve acted on rumors last month and called Credit Suisse Group to see if it had pulled a credit line from Lehman Brothers Holdings Inc, The Wall Street Journal said citing people familiar with the matter. […]

Firms hurry to comply with SEC subpoenas

Boston Globe- Dozens of hedge funds and broker-dealers are scrambling to send reams of e-mails and trading records to regulators probing suspected stock price manipulation, several sources at hedge funds said. The Securities and Exchange Commission recently sent subpoenas to […]