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Neuberger Team Wins Bid for Lehman Unit
By JOHN KELL A group of managers and senior employees of Lehman Brothers Holdings Inc.s Neuberger Berman asset-management unit won a bid to acquire a majority interest in the division in an auction held Wednesday in US Bankruptcy Court in Manhattan.
Source: Wall Street Journal
Views: 10 comments on "Neuberger Team Wins Bid for Lehman Unit"
Friday, 09 January 2009
Everythings Coming Up Ponzi
One good thing, if you can call it that, about the dismal financial market of the past year is that it is making the world a safer place for investors.
(Source: Forbes) read more...
Friday, 09 January 2009
GameStop Climbs After Profit Forecast Beats Estimates
By Allison Abell Schwartz Jan. 8 (Bloomberg) -- GameStop Corp., the world’s largest video-game retailer, climbed as much as 14 percent in New York trading after its annual profit...
(Source: Bloomberg) read more...
Friday, 09 January 2009
Meredith Cuts 7% of Workers and Closes Country Home Magazine
By RICHARD PÉREZ-PEÑA The Meredith Corporation shut one of its magazines, Country Home, and dismissed 7 percent of its employees on Thursday, adding to a long list of closings and...
(Source: New York Times) read more...
Friday, 09 January 2009
Russia, EU Clinch Deal on Monitoring, Opening Way for Gas Flows
By Tara Patel and Daryna Krasnolutska Jan. 9 (Bloomberg) -- Russia and the European Union clinched a deal on monitoring gas shipments through Ukraine, paving a way for the...
(Source: Bloomberg) read more...
Chevron Sees Significantly Lower Fourth-Quarter Earnings » (Wall Street Journal)
Wal-Mart, Sears Will Revert to Form » (Wall Street Journal)
FDA Scientists Ask Obama to Restructure Drug Agency » (Wall Street Journal)
Germany to Take Commerzbank Stake » (Wall Street Journal)
- Citigroup Backs Bankruptcy Courts Cutting Loan Rates
- Wal-Mart, Sears Will Revert to Form
- Chevron Sees Significantly Lower Fourth-Quarter Earnings
- Prosecutors: Madoff hoarded $300M
- Consumers borrow less than expected
- Walgreen offering $1 billion in notes
- Mortgage rate relief might not last long
- Bank of America’s Greg Fleming Said to Leave for Yale
- Mag Bag: Country Home Shutters
- HK Hot Stocks - China telcos, equipment makers surge
- At Citigroup, Bonuses Are Cut As Part of Bailout Agreement
- Russia cuts off gas to Ukraine
- Treasury to Ford: Drop Dead
- New Years resolution: Fill out financial aid form
- Bank of America, Wells Fargo End Year by Closing Major Buyout Deals
- The Euro Decade and Its Lessons
- Panel wants fuel taxes hiked to fund highways
- Joe Manchin: Strongest Man helps boost the states image

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