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Stocks Inch Up After Greece Deal

Stocks Inch Up After Greece Deal

09 Feb 2012

…gained 5 percent in the young year. Its last close above 13,000 was May 19, 2008, four months before the collapse of Lehman Brothers investment bank and the worst of the financial crisis. Stocks were also helped Thursday by U.S. jobs data. The number… ...

Why hunting and gathering makes…

04 Feb 2012

…human species is how we got here —how we came out of the trees, stood on two feet, and ended up on the trading floor of Lehman Brothers –how we became so smart...and so dumb. I believe the answer is that we abandoned the Great Forage -- the real dance… ...

Stocks Mixed As Greece Works On Debt

Stocks Mixed As Greece Works On Debt

23 Jan 2012

…disorderly default by Greece in March. The worst-case scenarios include a credit crisis similar to what happened after the Lehman Brothers investment bank fell in 2008. The Dow Jones industrial average fell 11.66 points to 12,708.82. That's a loss of… ...

Judge Approves Lehman Liquidation

Judge Approves Lehman Liquidation

06 Dec 2011

A federal bankruptcy judge on Tuesday approved Lehman Brothers' $65 billion liquidation plan, calling the case the "most impossibly challenging" bankruptcy ever, Bloomberg reported. ...

US Stocks Rally as Central Banks Unite

US Stocks Rally as Central Banks Unite

30 Nov 2011

…fears that a European country would default, touching off a credit crunch similar to what followed the 2008 collapse of Lehman Brothers. Banks need dollars to fund their daily operations. Their access dried up as U.S. money market funds reduced their… ...

US Government Sued Over AIG Takeover

US Government Sued Over AIG Takeover

21 Nov 2011

…employed by the Government to achieve that goal." AIG needed government aid in the days following the collapse of Lehman Brothers Holdings Inc. because it needed to post billions of dollars in collateral to counterparties under terms of insurance… ...

Lower Wall Street Bonuses Forecast

Lower Wall Street Bonuses Forecast

08 Nov 2011

…Johnson, managing director of Johnson Associates. Bonuses last fell sharply in 2008, after the collapse of investment bank Lehman Brothers triggered the financial crisis. Incentives rebounded the past two years, however, as the market recovered. But this… ...

FBI to Investigate MF Global

FBI to Investigate MF Global

01 Nov 2011

…MF Global filed for Chapter 11 bankruptcy protection Monday, the biggest failure of a securities firm since Lehman Brothers Holdings Inc. filed for Chapter 11 in September 2008 The questions surrounding a possible shortfall in client funds… ...

Top Powers Set Meeting On Debt Crisis

Top Powers Set Meeting On Debt Crisis

07 Aug 2011

…jointly to ease concerns that the global financial system appeared to face its biggest threat since the collapse of the Lehman Brothers investment bank in 2008. A G-7 official briefed on the matter said concrete steps were unlikely from the G-7 at this… ...

Market Woes Could Further Slow Growth

Market Woes Could Further Slow Growth

04 Aug 2011

…a major European bank would likely have similar effects, potentially sparking a credit crisis like the one caused when Lehman Brothers collapsed in September 2008. "It's one of those unknowns that's big enough and scary enough to drag down the (U… ...

China’s Hands Tied On US Debt Threat

China’s Hands Tied On US Debt Threat

27 Jul 2011

…exchange holdings away from Treasurys, with DBS Vickers’ Lai saying such a move has been underway since the 2008 collapse of Lehman Brothers. Kwong added that the edging away from US government paper involved not just the Chinese government, but also state-owned… ...

Greece 'confident' in pushing budget cut

Greece 'confident' in pushing budget cut

20 Jun 2011

…counterpart Didier Reynders warned against "a risk of contagion in a series of countries and especially the risk of a new crisis" such as the crash of US bank Lehman Brothers in September 2008 that unleashed the global financial crisis. ...

US Investigation Into Lehman Stalls

US Investigation Into Lehman Stalls

12 Mar 2011

The US government's investigation into the collapse of Lehman Brothers Holdings Inc. has hit daunting hurdles that could result in no civil or criminal charges ever being filed against the company's former… ...

Freddie Mac COO Witherell Resigns

Freddie Mac COO Witherell Resigns

09 Feb 2011

…months ago, filling a position that had been vacant for two years. He had previously headed Morgan Stanley's residential-mortgage business and before that spent 15 years at Lehman Brothers Holdings Inc. Read more: Wall Street Journal ...

Workers Short On Wall Street

Workers Short On Wall Street

21 Nov 2010

…suitable candidates is not surprising. Wall Street is recovering from the worst of the credit crisis disaster that toppled Lehman Brothers in 2008, and promising young candidates looked elsewhere, including Washington, DC, for high-paying positions while… ...

Stock Market Facing Calm After Storm

Stock Market Facing Calm After Storm

06 Nov 2010

…or less than 0.1 percent, to end at 11,444.08. The Dow on Thursday closed at a level not hit since just before Lehman Brothers collapsed in September 2008, as Wall Street celebrated the Federal Open Market Committee announcement the prior afternoon… ...

Dow Closes At Pre-Lehman Collapse Level

Dow Closes At Pre-Lehman Collapse Level

04 Nov 2010

US stocks surged Thursday, with the Dow Jones Industrial Average closing above where it stood just ahead of the collapse of Lehman Brothers, with investors around the globe embracing the Federal Reserve’s $600 billion plan to stoke the economy. ...

SEC May Stop Companies From Hiding Debt

SEC May Stop Companies From Hiding Debt

12 Sep 2010

…term borrowings to the commission. Lehman Bros. had been accused of concealing hundreds…
…independent investigator found that Lehman Bros. misled investors about the extent…
…fact it was counting them as sales. Lehman Bros. collapsed on September 15, 2008… ...

SEC Charges Loom for Ex-Lehman Execs

SEC Charges Loom for Ex-Lehman Execs

16 Aug 2010

The U.S. Securities and Exchange Commission (SEC) is close to bringing civil charges against some former Lehman Brothers executives, partially related to a capital raise in March 2008 shortly before the firm collapsed, Fox Business Network reported Monday. ...

FBI Agent Testifies About Blago Meeting

FBI Agent Testifies About Blago Meeting

06 Jul 2010

…Gillespie asked Winter about getting Patti involved in the South Loop project. Winter said he told her to attend a meeting with Lehman Brothers for the project per Rezko's instructions and that she picked out some office building locations for Rezmar. Gillespie… ...

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Monday Morning Quarterbacks

Monday Morning Quarterbacks

Monday Morning Quarterbacks Scott Harshbarger and Joe Malone recently joined the FOX25 Morning News from our Beacon Hill studio to talk about the latest political news.

Mon, 7 Sep 2009
|Lehman Brothersfound at5:12

“…how we -- economy -- at that point. -- things crumbled a Lehman Brothers go down or how going down left and right and we started talking about propping up -- business and a stimulus money. …”

Monday Morning Quarterbacks

Monday Morning Quarterbacks

The Monday Morning Quarterbacks joined the FOX25 Morning News from our Beacon Hill studio to talk about the governor's selection of Jim Aloisi as the new transportation chief; Richard Vitale; and more.

Mon, 22 Dec 2008
|Lehman Brothersfound at5:49

“…But it just like the rest of us got taken by Citigroup Lehman Brothers and others this is a -- knelt down -- it to failure graphics not as the president. As an attempt Schiffman ethics …”

Stocks Continue to Slump

Stocks Continue to Slump

The stock market continued to sink even after the Federal Reserve announced plans to buy massive amounts of corporate debt to encourage lending. The Dow Jones industrials shed more than 500 points. FOX25's Ted Daniel reports from Cambridge on how people there are fighting to avoid foreclosures.

Tue, 7 Oct 2008
|Lehman Brothersfound at1:23

“…And another outrage exposed before investment bank Lehman Brothers folded it was cutting checks millions to executives on the way out the door I take full. Responsibility. Fourth that decisions that …”

Heavy Hitters: Lehman CEO; Dow; 2d Presidential Debate

Heavy Hitters: Lehman CEO; Dow; 2d Presidential Debate

Every Tuesday morning, VB is joined at the Beacon Hill Studio by "The Heavy Hitters." This week VB, Cosmo Macero and Peter Kadzis talk about Lehman's CEO; the Dow; and the second presidential debate.

Tue, 7 Oct 2008
|Lehman Brothersfound at0:54

“…well. God continues to be in the news. -- fault former -- Lehman Brothers and Capitol Hill yesterday market down 800 points at one point. …”

Understanding the Market Mess

Understanding the Market Mess

Let's face it, not everyone is a stock market expert and understanding what's currently happening on Wall Street can be difficult. FOX25's Debbi Rodman is here to simplify things.

Thu, 18 Sep 2008
|Lehman Brothersfound at0:46

“…When giant companies like Lehman Brothers and AIG the world's largest insurer go bankrupt. It sends the financial markets into a frenzy. …”

Heavy Hitters: Market in Free Fall; Can Wilkerson Win Again?

Heavy Hitters: Market in Free Fall; Can Wilkerson Win Again?

Every Tuesday morning, VB is joined at the Beacon Hill Studio by "The Heavy Hitters." This week VB, Cosmo Macero and Peter Kadzis discuss the news of the market in free fall; whether or not Wilkerson can win again; and Kerry's primary challenge and more.

Tue, 16 Sep 2008
|Lehman Brothersfound at0:34

“…market is the papers or call and it. Down 500 points yesterday Lehman Brothers on as we know at any idea indeed troubled Cosmo used to be the business editor of the Boston Herald make some …”