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Lehman Brothers Holdings Inc.

A collection of news and information related to Lehman Brothers Holdings Inc. published by this site and its partners.

Top Lehman Brothers Holdings Inc. Articles

Displaying items 177-187
  • New Yorkers Hitting the Bars to Make Up for Lost Wages

    NEW YORK - With many New Yorkers in the financial district looking for jobs, some have turned to bartending as a second source of income. According to research, enrollment at bartending schools around the city is up almost 25%. Joe Bruno, director of...
  • Suozzi: 'Things are as Bad as They Can Be'

    Nassau County workers will have to agree to an across-the-board pay cut of 7 percent to avoid layoffs, Nassau County Executive Thomas Suozzi told a special session of the County Legislature Monday. Nearly 1,000 workers -- including police officers --...
  • Bailout Backlash

    As plans for a 700 billion dollar bail out are negotiated in Washington DC, financial experts convened in Harrisburg Tuesday. Chairman Peter Daley of the House Commerce Committee says he called the hearing to be pro-active in dealing with the effects of...
  • Conseco feels effects of Wall Street meltdown

    The stock of Carmel-based Conseco plummeted Wednesday after the insurer announced how much it was involved in the crisis on Wall Street. Conseco says it held more than $100 million in securities with three of the most troubled companies: AIG, Lehman...
  • Stocks tumble after government bailout of AIG

    NEW YORK - Wall Street plunged again Wednesday, with anxieties about the financial system still running high even after the government bailed out the insurer American International Group Inc. The Dow Jones industrial average dropped more than 340 points....
  • WellPoint earnings fall as investments decline

    INDIANAPOLIS (AP) - Indianapolis-based health insurer WellPoint Inc. posted a 5.4 percent decline in third-quarter net income, mostly because of losses on its investments, but the results topped analyst estimates. The operator of Blue Cross health...
  • US stocks head for sharply higher open as world markets rebound from steep selloff

    NEW YORK (AP) _ U.S. stocks headed for a rebound Tuesday as investors awaited the start of a two-day meeting of the Federal Reserve that is widely expected to bring another reduction in interest rates. The sharp rise in stock market futures contracts...
  • Meltdown In US Finance System Pummels Stock Market

    NEW YORK - AP The upheaval in the American financial system has sent shock waves through the stock market.       It was the worst day on Wall Street in seven years.       The Dow Jones industrial average lost more than 500 points, more than four...
  • FBI Investigating Companies At Heart Of Meltdown

    Washington - AP The FBI is investigating four major U.S. financial institutions whose collapse helped trigger a 700 billion-dollar bailout plan by the Bush administration.       Two law enforcement officials say the FBI is looking at potential fraud...
  • Obama's Cabinet Begins to Take Shape

    WASHINGTON -- President-elect Barack Obama on Friday selected the head of the Federal Reserve Bank of New York as his nominee for Treasury secretary, choosing a vigorous advocate of government intervention in the troubled economy who nonetheless...
  • Last major investment banks change status

    The Federal Reserve said today it had granted a request by the country's last two major investment banks -- Goldman Sachs and Morgan Stanley -- to change their status to bank holding companies. The Fed announced that it had approved the request of the...