Items Tagged with 'Lehman Brothers Holdings Corp.'


  • AIG on the Brink, Too

    Pending doom for Lehman Brothers Holdings Corp. [stock LEH][/stock] garnered plenty of headlines Sunday and heading into Monday, but it's another possible failure that could send larger waves through financial markets: The American International Group [stock AIG][/stock] is said to have appealed to the Federal Reserve for a $40 billion bridge loan to avert pending ratings downgrades that would spell its doom, according to a report
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  • Merrill Sells to Bank of America; Who's Next?

    Is it time to start wondering about the future of Wall Street's independent investment banks? It's almost unthinkable, but news broke Sunday evening that Merrill Lynch & Co. [stock MER][/stock] had agreed to sell itself to Bank of America Corp. [stock BAC][/stock] as the U.S. financial markets went through one of the most tumultuous weekends in history.
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  • Paulson: No Federal Money for Lehman

    Looking to cut off speculation that any sale of floundering Lehman Brothers Holdings Corp. [stock LEH][/stock] might need to involve federal dollars, Treasury secretary Henry Paulson on Friday was reportedly adamant that any effort to sell the Wall Street investment bank not use government funds.
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