Bonus Watch 2007: This Is How Much Every Lehman Brothers IBD Associate, VP,...
Sorted by class year and review ranking.* Investment banking division only, sadly. Source is a LEH bankruptcy document, sent to MDs in December 2007 to prepare for comp communication. Dealbreaker’s...
View ArticleExperience The Collapse Of Lehman Brothers Again, For The First Time
How will you be spending your weekend? I know what I’ll be doing, which is reading all the Lehman bankruptcy documents. They’ve been online for a week or two and we’ve had some teasers today, covering...
View ArticleDick Fuld: “The Bros Always Wins”
As previously mentioned, if one were inclined to relive the fall of Lehman Brothers, one could do so via the bankruptcy documents that were recently made available online. There you’ll find, among...
View ArticleLehman Brothers Thought Fight To Stay Alive Was A Battle Of Good (Them)...
As some of you may recall, a month after Lehman Brothers went under, the House Committee on Oversight and Government Reform released an interesting email Dick Fuld had sent to LEH vice-chairman Thomas...
View ArticleRemember When: Lehman Brothers Was In A Position To Tell Korea Development...
Those were the days. Related: Korea Development Bank Ends Talks For Stake in Lehman (September 10, 2008) Earlier: “The Bros Always Wins” Continue reading »Follow Dealbreaker on Twitter or become a fan...
View ArticleDick Fuld Never Stops Pounding The Pavement
Last month it was lunch with Alan Schwartz, today this: Continue reading »Follow Dealbreaker on Twitter or become a fan on Facebook.Tags: Apollo, Dick Fuld, dress for the job you want, Lehman Brothers,...
View ArticleDick Fuld’s Weekend Is Looking Up
U.S. Securities and Exchange Commission investigators have concluded their probe of possible financial fraud at Lehman Brothers Holdings Inc. and determined that they will probably not recommend any...
View ArticleDick Fuld Attends Hockey Game Without Getting Into Physical Altercation
One tale many love to tell about Richard S. Fuld, besides the one involving him destroying an 158 year-old institution, is that of the time he got into a fistfight at his son’s hockey game, with a...
View ArticleSleep Where Joe Gregory Hath Slept
The former Lehman Brothers chief operating officer and close personal friend of Dick Fuld has reportedly put his Lloyd Harbor. For $22 million you get a 15,000-square-foot main house, a...
View ArticleSome Lehman Brothers Alums Doing Demonstrably Better Than Others
Joe Gregory has been forced to put his Long Island-chic manse on the market. Dick Fuld’s been pounding the pavement for months with nothing to show for it. Bella is still dead. Not a lot to celebrate...
View ArticleLehman Brothers Tops Failed Investment Bank League Tables
The historic Lehman Brothers bankruptcy has hit another milestone: $2 billion in fees paid to professionals. In a Thursday filing with U.S. Bankruptcy Court in Manhattan, Lehman said it has spent...
View ArticleProminent Former Bank Still Wheeling and Dealing
Lehman Brothers’ former Manhattan headquarters is now unmistakably the New York base of an even more discredited (if still solvent) bank. But the bankrupt if lucrative shell of a company still owns a...
View ArticleLondon Whale Also Not Responsible For Those Last 10 Pounds You Haven’t Lost
There are a lot of things that, if you wanted to, you could legitimately blame on former JP Morgan employee London P. Whale. The $6.2 billion trading loss the bank incurred over the summer. Ina Drew...
View ArticleWho Wants To Buy Lehman Brothers’ Maui Resort?
The Bros holding company is looking to sell its Ritz-Carlton Kapalua, if you happen to be the market and want to do their creditors a solid. (They also need a broker, if anyone’s got a license.) The...
View ArticleErin Callan Is Perfectly Happy, Damnit
The former Lehman CFO is mystified that her recent New York Times column would make people think she was unhappy. Continue reading »Follow Dealbreaker on Twitter or become a fan on Facebook.Tags: Erin...
View ArticleDo Not Feed The Consultant
The prospect of physical violence does not rate on the list of risks inherent in hiring Dick Fuld as a consultant. We have engaged Mr. Richard S. Fuld, Jr. as a consultant which might attract negative...
View ArticleAustralian Unit Apparently To Blame For Lehman Brothers Bankruptcy
Creditors of the former investment bank in the U.S. and Europe will get everything back. Creditors in Australia are not so lucky. Tony Lomas, who is overseeing Lehman’s U.K. administration, a process...
View ArticleCiti Didn’t Stress Too Much About That Whole Lehman Bankruptcy Thing
Yesterday Citi sued Barclays over an indemnity that Barclays gave Citi during the collapse of Lehman Brothers, and while, yes, the lawsuit is boring in the way that only lawsuits over indemnities can...
View ArticleActually Lehman’s Bankruptcy Worked Out Well For A Lot Of People
Bloomberg has a fantastic article today about how Lehman’s decaying corpse is suing a bunch of former clients, many of them wee and sympathetic nonprofits, who hosed Lehman when they terminated swaps...
View ArticleUncooperative Laws Kept SEC Off Dick Fuld’s Back
Prosecutors got bored investigating Lehman Brothers pretty fast, but not so the SEC, which persisted until last year in trying to come up with something, anything to throw at Dick Fuld, at great...
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