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Showing 71 - 80 of 175 results for "Lehman Brothers"

Gold is hip again

BENJAMIN ONG  |  MONDAY, 17 MAY 2010
... record high of US$1248.95 an ounce in intra-day trade. It is now almost 60 per cent above its selling price since Lehman Brothers closed its doors on 15 September 2008. Gold's performance becomes even more spectacular when you consider that over the ...

Seek and thou shalt find

BENJAMIN ONG  |  TUESDAY, 27 APR 2010
... The S&P 500 currently trades at 14.1 times forecast earnings. Bloomberg notes that "except for the months after Lehman Brothers Holdings Inc. collapsed," this is the cheapest since 1990. The index soared by "92 per cent in the five years after reaching ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 14 APR 2010
... MFS. In Canberra, the High Court is to hand down its reasons for judgement in a case between local councils and Lehman Brothers over losses suffered as a result of Lehman's collapse during the global financial crisis. In Australia on Tuesday, the share ...

Market Wrap - Morning

AAP  |  MONDAY, 12 APR 2010
... 11,000.98. The last time the blue-chip index closed above 11,000 was September 26, 2008, 11 days after the collapse of Lehman Brothers triggered a financial meltdown that led to the global recession. Fears that Greece could be edging closer to default ...

Local councils set to recover more from Lehman

PIPER ALDERMAN RELEASE  |  WEDNESDAY, 31 MAR 2010
... judgment of the Federal Court, which found that the Deed of Company Arrangement (DOCA) approved by creditors of Lehman Brothers Australia was void and of no effect. "The decision confirms that the DOCA is ineffective and that Lehman Australia remains ...

Instos lobby for Main Street

COMPANY RELEASE  |  MONDAY, 22 MAR 2010
... former SEC chairman who introduced reforms 20 years ago said: "Do remember that a common element in the failure of Lehman Brothers, AIG, Fannie Mae, and other firms was that their boards of directors did not control excessive risk-taking, did not prevent ...

Market Wrap - Morning

AAP  |  MONDAY, 8 MAR 2010
... 5,599.76 points, returning to levels last seen in September 2008 just before the collapse of giant US investment bank Lehman Brothers. FRANKFURT - Germany's DAX 30 rose 82.04 points, or 1.42 per cent, to 5,877.36 points. PARIS - The CAC 40 advanced 82.01 ...

Instinet adds four to Sydney office

PRESS RELEASE  |  MONDAY, 22 FEB 2010
... and has also worked at BZW, JBWere and ITG. Lai joined the firm from Credit Suisse. He has also spent time at Lehman Brothers, Citi and UK hedge fund DPFM. Meanwhile, Heavener also previously worked at Credit Suisse and has experience across back, middle ...

Mahogany enters voluntary administration

COMPANY RELEASE  |  WEDNESDAY, 16 DEC 2009
... removal of these monies left Mahogany with limited funds," noted the statement. "As the litigation relating to the Lehman Brothers bankruptcy and its consequences is now almost certain to continue well into 2010 in both the UK and the USA, Mahogany will ...

Sell dollars to buy stocks

BENJAMIN ONG  |  FRIDAY, 20 NOV 2009
... balance sheet, think about the US Treasury's massive leverage. And then overlay that with the mighty strong and safe Lehman Brothers. Safe haven US dollar my foot! Yes, we all know the answer. The Fed is flooding the system with dollars causing its supply ...