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Lehman Brothers begins planning $65 billion payout

Aug 30, 2011
And this final note. The biggest bankruptcy in U.S. history may soon be history. Today, a judge granted approval for creditors of Lehman Brother...

MIDDAY UPDATE: Ernst and Young, Kinect

Dec 20, 2010
New York prosecutors may charge accounting firm Ernst and Young for its role in the collapse of Lehman Brothers. New York prosecutors are...

The big money winners of the Lehman Brothers collapse

Nov 22, 2010
And this final note. Two years and two months after the collapse of Lehman Brothers, at least one industry has found the upside: Bankruptcy lawyers...

Another bank bites the dust

Sep 17, 2010
This final note today to mark the passing of ISN Bank in Cherry Hill, N. J. The FDIC shut it down this afternoon -- the 119th bank failure of the...

For public good, not for profit.

Thanks for the memories

Sep 16, 2008
Yesterday, tourists were posing for pictures outside of Lehman Brothers in New York City, doubtless to show everyone back home that they were there...

Even a financial crisis has a green lining

Sep 15, 2008
Wow, Lehman Brothers and Merrill Lynch just fell in the blink of an eye. And other institutions may yet fall in the months ahead....