or service debt – otherwise you sell assets at a discounted price and are swiftly out of the game. That reminds me of Lehman Brothers and its aftermath. Early in Monopoly, property is king but later in the game, cash becomes king and those without cash
portability of cleared transactions and to reduce the direct-type OTC bilateral counterparty risk we saw in the collapse of Lehman Brothers ). Other crucial markets, such as the market for repurchase agreements (repos), may also move toward a central clearing
* Funds managed by Blackstone Tactical Opportunities and TPG Special Situations Partners to acquire Acenden Mortgage from administrators of Lehman Brothers
interest rates and tighter risk spreads dominating the long-term trend. There have been dramatic reversals as with the Lehman Brothers collapse, the Asia/dot-com crisis around the turn of the century, and of course 1987’s one-day crash, but each reversal was met with a new and increasingly
NEW YORK, Jan 2 (Reuters) - The trustee liquidating Lehman Brothers Holdings Inc's brokerage unit has agreed with Pacific Investment Management Co unit to resolve $187.4 million of the money...
(Reuters) - The trustee handling the liquidation of the brokerage unit of Lehman Brothers Holdings Inc filed a petition with the U.S. Supreme Court on Monday seeking review of the business's cash...
(Reuters) - The trustee handling the liquidation of the brokerage unit of Lehman Brothers Holdings Inc filed a petition with the U.S. Supreme Court on Monday seeking review of the business's cash assets awarded to Barclays Plc .
NEW YORK, Dec 11 (IFR) - A US court this week dealt investors a heavy blow in their battle with Lehman Brothers , the defunct US investment bank they claim breached representations and warranties made...
market makers, particularly among brokerage firms. For example, during the financial crisis, Barclays bought parts of Lehman Brothers , JPMorgan bought Bear Stearns, and Bank of America bought Merrill Lynch. Therefore, fewer liquidity providers—and those
Adding to the ease of quick buying and selling at low commissions, high-frequency trading burgeoned after the collapse of Lehman Brothers – and had the virtue of adding liquidity to the markets. HFT programs employ complex algorithms to monitor multiple markets