The Dodd-Frank Act would have enabled an orderly unwinding of Lehman Brothers Holdings Inc. that would have averted major losses by creditors and taxpayers, the Federal Deposit Insurance Corp. said in a report.
BusinessWeek.com — Finance
Lehman Brothers Holdings Inc. creditors are “seriously considering” proposing a bankruptcy plan for the failed investment bank that would compete against two other proposals, according to Morgan Stanley, Silver Point Capital LP and other creditors.
BusinessWeek.com — Finance
Lehman Brothers Holdings Inc. creditors including hedge fund Paulson & Co. filed a payout plan for the defunct firm that they said would spread an estimated $ 57.5 billion more equally among creditors than would Lehman’s own proposals.
BusinessWeek.com — Finance
Nine months before Argentina stopped paying its obligations in 2001, Jonathan Binder sold all his holdings of the nation’s bonds, protecting clients from the biggest sovereign default. Now he’s betting Greece, Portugal and Spain will restructure debts and leave the euro.
BusinessWeek.com — Finance
Nine months before Argentina stopped paying its obligations in 2001, Jonathan Binder sold all his holdings of the nation’s bonds, protecting clients from the biggest sovereign default. Now he’s betting Greece, Portugal and Spain will restructure debts and leave the euro.
BusinessWeek.com — Finance
Warrants for 273 million shares may add to a $ 5 billion haul
BusinessWeek.com — Finance