Topic: Securities and Commodity Contracts Services
Lehman says Barclays got $13 billion windfall in sale
Reuters US Online Report Business News
NEW YORK (Reuters) - Lehman Brothers Holdings Inc fired new allegations at Barclays Capital Inc on Thursday, saying the British investment bank got a $13 billion "windfall" profit from its deal to buy Lehman's U.S. brokerage in September 2008. In documents filed in U.S. bankruptcy court in Manhattan ...
SEC boss: Agency examining companies
AP Features
The head of the Securities and Exchange Commission confirmed Wednesday that the agency is investigating several companies' actions in the run-up to the financial crisis of 2008. SEC Chairman Mary Schapiro said "it would be safe to assume" that the agency is looking very closely at the conduct of a ...
Lehman receives OK to delay disclosure statement
Reuters US Online Report Business News
NEW YORK (Reuters) - A bankruptcy judge said on Wednesday Lehman Brothers Holdings Inc <LEHMQ.PK> could delay until mid-April filing a detailed disclosure statement for its proposed plan to end its bankruptcy. The disclosure statement, which is a necessary step for Lehman to get creditor approval for its ...
SEC says Lehman report will be helpful
Reuters US Online Report Domestic News
WASHINGTON (Reuters) - A Lehman Brothers bankruptcy examiner's report will help securities regulators in their investigation of large financial firms involved in the Wall Street meltdown, a top regulator said on Wednesday. Securities and Exchange Commission Chairman Mary Schapiro, testifying at a congressional hearing, provided scant details on who and ...
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