Topic: Financial Services Sector
Lehman failure 'fault of managers, banks, auditors'
AFP Global Edition
A court-appointed expert has blamed the collapse of investment bank Lehman Brothers on its top management as well as audit firm Ernst & Young and banks Citigroup and JPMorgan Chase. The 158-year-old bank filed for protection in September 2008 in the largest US bankruptcy filing in history, leaving the future ...
European stock markets gain ground
AFP Global Edition
Europe's main stock markets rose Friday as investors awaited crucial economic data and tracked US attempts to rein in the banking sector, dealers said. London's benchmark FTSE 100 index gained 0.32 percent to 5,636.72 points, in Paris the CAC 40 was up 0.58 percent ...
Indian Wells Players Party
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Lehman failure fault of managers, banks, auditors: expert
AFP Global Edition
A court-appointed expert blamed the collapse of investment bank Lehman Brothers on its top management as well as audit firm Ernst & Young and banks Citigroup and JPMorgan Chase. The 158-year-old bank filed for protection in September 2008 in the largest US bankruptcy filing in history, leaving the future of ...
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