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lehman News

'Lehman Weekend': the biggest bankruptcy in American history

Washington - It was "Lehman Weekend." The moment in September 2008 when the 150-year-old investment bank Lehman Brothers collapsed, precipitating the worst global economic crisis since the 1930s.

Lehman Europe creditors in line for extra $8 billion payday

Hedge funds, asset managers and other creditors of Lehman Brothers' European arm will next month be fully paid out from money recovered from the carcass of the bank and could get an extra 5 billion pounds...

Lehman settles with Freddie Mac over $1.2 billion claim

Lehman Brothers Holdings Inc settled with Freddie Mac <FMCC.OB> a $1.2 billion claim, freeing up millions of dollars which will be available for distribution to the bank's creditors.
 

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