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Some lessons from the Lehman report

...examiner Anton Valukas on the demise of Lehman Brothers Holdings Inc. has put into sharp...and the public about the true state of Lehman's financial health? First and foremost...the blatant accounting gimmicks used by Lehman and detailed in the examiner's report...
Outside editorial: Searching for an end to crisis

...One blue-blooded investment bank, Lehman Brothers, sought shelter under Chapter...response to the very factor that battered Lehman Brothers and Merrill Lynch: The federal...too big to fail." But when it came to Lehman and Merrill Lynch, U.S. Treasury Secretary...
Outside column: Wall Street turned its back on America

At the risk of speaking ill of the dead, what good was Lehman Brothers, anyway? And if Merrill Lynch was so bullish on America...despite the torrent of foreign investment that flowed in to Lehman, Merrill and their Wall Street peers over the past half-decade...
Outside editorial: AIG's ace

...days after the feds snubbed a sinking Lehman Bros.? Answer: by failing on a much...more banks and investment companies than Lehman did. These extensive entanglements led...triggered the fall of Bear Stearns and Lehman Bros. too. And thanks to the Fed's...
Outside column: A financial bailout Americans don't need

Now that all five big investment banks - Bear Stearns, Merrill Lynch, Lehman Brothers, Goldman Sachs and Morgan Stanley - have disappeared or morphed into regular banks, a question arises. Is this bailout...
My turn: Think of the community when voting

Recently as I read the breaking news about the latest failures of Wall Street firms (the pending bankruptcy of Lehman Brothers and the distress sale of Merrill Lynch), my mind raced back to what my mother said during the last year of the Reagan...
JDHS boys basketball team thanks Fast Break Club

...and Alberta Jones, Juneau Lion's Club, Lee and Louise Kadinger, Mike and Keela Kelly, Tima Lavale, Chris LaValle, Don Lehman, Matt and Jenn Lindley, Tevita and Kueni Maake, Erik and Melissa McCormick, Pat and Kari Monagle, Joel Osburn, Debbie...
Today in sports history

...the first round of his heavyweight title defense. It is the fifth shortest heavyweight title fight in history.1996 - Tom Lehman shoots a final-round 73 for a 72-hole total of 13-under 271 to win the British Open, two strokes better than Ernie Els...
US hiring surges as unemployment dips

...lowest level since the financial crisis struck at full force in the fall of 2008 with the bankruptcy of the Wall Street firm Lehman Brothers."Since February, this has now become a textbook jobs expansion," said Patrick O'Keefe, director of economic...
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Today in Sports History

...Louis knocks out Harry Thomas in the fifth round in Chicago to retain his world heavyweight title.1940 - Governor Herbert Lehman of New York signs the Dunnigal bill, which legalizes pari-mutuel wagering and outlaws bookmakers at the state's racetracks...


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