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Lehman Brothers

Feb 20, 2014

Lehman settlement with Freddie Mac OK’d

A U.S. Bankruptcy Court judge has approved Lehman Brothers Holdings Inc.’s $767 million settlement with Freddie Mac — an agreement that releases hundreds of millions of dollars to return to the failed investment bank’s creditors. Freddie Mac was seeking a claim over $1.2 billion in loans that it made to Lehman before its collapse. Lehman’s […]

Dec 22, 2010

Cuomo sues Ernst & Young in Lehman probe

NEW YORK CITY — New York’s attorney general filed a civil lawsuit Tuesday accusing the accounting firm Ernst & Young of helping the defunct investment bank Lehman Brothers deceive investors about its financial health.

Dec 20, 2010

Report: Ernst & Young may face civil fraud charges

NEW YORK CITY — Accounting firm Ernst & Young LLC may face civil fraud charges in New York for its alleged role in the demise of Lehman Brothers, according to a report.

Sep 2, 2010

Bernanke: Shut ‘em down

WASHINGTON, D.C. — Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system.

May 27, 2010

Lehman Brothers estate sues JPMorgan Chase

NEW YORK CITY — The estate of Lehman Brothers Holdings Inc. claims JPMorgan Chase & Co. helped drive Lehman into bankruptcy by forcing it to give up billions of dollars in cash reserves that it otherwise could have used to stay afloat.

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