Reports Regulators Probing Banks Use of Repo 105 StreetInsider.com (subscription) (blog) The Repo 105 transactions came to light in a recent report from the bankruptcy examiner investigating the collapse of Lehman Brothers Holdings. ...
FSA on defensive over Lehman failings Financial Times Repo 105 was denounced as an "accounting gimmick" in last week's report by the US bankruptcy examiner into Lehman's collapse. In his report, Anton Valukas ...
General Growth shares jump on new Simon bid talk Reuters UK General Growth, which is operating under bankruptcy protection, was at $15.90, up 80 cents in afternoon trade on the New York Stock Exchange. ...
MARKET SNAPSHOT: US Stocks Post Gains In Early Trading Capital.gr (press release) ... after emerging from bankruptcy protection. In other markets, the dollar strengthened against both the euro and the yen. The pound climbed after the UK ...
Crewe and Nantwich cabbies complain due to overcrowding ChoiceQuote Insurance Services Association chairman Wilf Harding stated that many cabbies are having to work 70-hour weeks to avoid bankruptcy and warned that direct action may be ...
Wall Street Advances As Inflation Concerns Remain Subdued Trading Markets (press release) The UK's FTSE 100 Index and the French CAC 40 Index gained 0.4 percent and 0.5 percent, respectively, while the German DAX Index rose by 0.9 percent. ...
Lehman smoking gun leaves E&Y facing questions Financial Director The report was unsealed on Thursday afternoon by New York's Southern District Bankruptcy Court. Within hours, the key accusations in the 2200 page had hit ...
Payday loans: Prepare yourself for unexpected expenses BigNews.biz (press release) The borrowers who have poor credit records due to non-payments of previous installments like CCJs, IVAs, late payments, arrears, defaults and bankruptcy are ...
Audit's big question Personal Computer World The claim from Anton Valukas, the bankruptcy examiner, is that the position of Lehman was misrepresented and that auditor Ernst & Young was negligent in not ...
Judge Clears Way For Visteon to End Retiree Health Benefits Inside INdiana Business (press release) A bankruptcy judge in Delaware has refused to issue a stay on a ruling allowing Visteon Corporation to terminate health and life insurance benefits for ...
US, World Markets in Rally Mood 123Jump.com Blockbuster plunged after the company may file for a bankruptcy protection. Fuqui International, Inc, the jeweler said it will miss its quarterly earnings ...
The Case for the Fat Start-Up All Things Digital (blog) Because the only thing worse for an entrepreneur than start-up hell (bankruptcy) is start-up purgatory. What is start-up purgatory, you ask? ...
Criminal law: sentencing, costs and confiscation Law Gazette ... but a confiscation order can be made against a defendant, notwithstanding that his assets are held by a trustee in bankruptcy (R v Shahid [2009] EWCA ...
Deutsche Bank, JPMorgan, UBS Are Charged With Fraud BusinessWeek He advised a law firm that sued banks on behalf of residents of Jefferson County, Alabama, which was on the brink of bankruptcy after swaps backfired.
