Lehman Brothers bankruptcy fees are approaching $1 billion, making it the costliest in U.S. history.
Continue reading Cost of Lehman Bankruptcy Nears $1 Billion
Cost of Lehman Bankruptcy Nears $1…
A long-time advocate for the rights of investors, Muriel Siebert says Lehman’s collapse highlights how difficult it is for investors to benefit from company filings, which often aren’t completely truthful. But even so, she sees great opportunities for long-term investors.
Continue reading Muriel Siebert: After Lehman, Investors Deserve Better
Muriel Siebert: After Lehman, Investors Deserve Better originally appeared on DailyFinance on Thu, 16 Sep 2010 15:00:00.
The former CEO of Lehman Brothers, Richard Fuld, blames the firm’s collapse on hedge funds and short sellers that bet on declines in Lehman’s stock price. That explanation may be satisfying for Fuld, but there’s one problem — …
Muriel “Mickie” Siebert, the grande dame of Wall Street, says that Lehman Brothers should never have collapsed, that government’s steps were a necessary evil and that there is a still a need for more regulation. She warns that left unregulated, the markets and the economy could still face turmoil ahead.
Continue reading On the Anniversary of Lehman’s Collapse, Muriel Siebert Warns of Danger Ahead
On the Anniversary of Lehman’s Collapse, Muriel Siebert Warns of Danger Ahead originally appeared on DailyFinance on Wed, 15 Sep 2010 07:00:00.
This week marks the second anniversary of an event that shook the financial industry to its core. In her newly released book, The Weekend that Changed Wall Street, CNBC anchor Maria Bartiromo gives an insider’s look at the fate…