Letter: Lehman's Accounting Tricks Possibly Illegal
Mar 20th, 2010 · A Lehman Brothers whistleblower warned his bosses that accounting gimmicks the bank used before its collapse may have been illegal, his lawyer said Friday.
Mar 20th, 2010 · A Lehman Brothers whistleblower warned his bosses that accounting gimmicks the bank used before its collapse may have been illegal, his lawyer said Friday.
Mar 18th, 2010 · With the cap-and-trade legislation aimed at curbing global warming stalled in Congress, there's an almost-complete collapse of the market for carbon credits. That means profits are drying up for people who are paid to create those carbon credits — like farmers who manage their land in ways that capture carbon dioxide in the soil.
Mar 18th, 2010 · The former Fed chairman says he didn't create the housing bubble and couldn't have prevented the economic calamity that followed the bubble's collapse.
Mar 17th, 2010 · Some sad news in the midst of South by Southwest's opening night: Big Star frontman Alex Chilton has died. Chilton, 59, died at a New Orleans hospital Wednesday after collapsing earlier in the day.
Mar 16th, 2010 · Michael Lewis' new book The Big Short chronicles the 2008 financial collapse through the investors who realized what was happening to the U.S. economy while it was happening — and then made a fortune by betting against the markets.
Mar 16th, 2010 · Senate Banking Committee Chairman Christopher Dodd introduced a bill to overhaul financial industry regulations Monday. The move follows months of bipartisan negotiations that failed to produce agreement on such controversial issues as consumer protection and reining in practices that led to the financial collapse in 2008. The way forward looks murky, but Dodd plans to move the bill through his committee next week.
Mar 16th, 2010 · Senate Banking Committee Chairman Christopher Dodd introduced a bill to overhaul financial industry regulations Monday. The move follows months of bipartisan negotiations that failed to produce agreement on such controversial issues as consumer protection and reining in practices that led to the financial collapse in 2008. The way forward looks murky, but Dodd plans to move the bill through his committee next week.
Mar 12th, 2010 · A 2,200-page bank examiners' report released Thursday details what went wrong that led to the collapse of Lehman Brothers, the largest bankruptcy in U.S. history.