Lehman

A U.S. default seen as unprecedented catastrophe

Yalman Onaran, Bloomberg
October 6, 2013
A U.S. government default would be an economic calamity like none the world has ever seen.

Confessions of a former gold bear

Miguel Perez-Santalla
September 16, 2013
Last Sunday, Sept. 15, marked the five-year anniversary of the collapse of Lehman Brothers. At that time the gold price was trading near the $900 per ounce level. I believed that to be on the high side, actually expecting gold to trade down to around $700.

Gold beat stocks since Lehman, but price sinks as tapering looms

Adrian Ash
September 13, 2013
The price of gold marked the fifth anniversary of Lehman Brothers' collapse by sliding $25 per ounce Friday morning, finally bouncing from a new five-week low at $1,305.

Lehman five years on: Gold still safe haven as financial system 'insane'

Mark O'Byrne
September 13, 2013
It is important to note how the Lehman bankruptcy and subsequent systemic, financial and economic crises showed gold’s importance as a safe haven asset and as financial insurance in a portfolio.

America most resilient five years from worst GDP loss since ’30s

Kasia Klimasinska and Shobhana Chandra, Bloomberg
August 26, 2013
The Great Recession left its scars, but signs of U.S. economic resilience are everywhere, from housing to easing credit.

Rising borrowing costs nudge gold higher but Indian retailers halt coin sales

Adrian Ash
July 10, 2013
Wholesale prices for gold rose 1.1% in Asian and London trade Wednesday morning, nearing yesterday's 1-week highs at $1260 per ounce as the rate for leasing and borrowing gold rose further.

Gold borrowing costs hit post-Lehman high

Mark O'Byrne
July 10, 2013
The gold market continues to digest the ramifications of gold borrowing costs surging to the highest since the post-Lehman Brothers scramble for gold bullion.

Lehman reaches beyond grave to grab millions from nonprofits

Martin Z. Braun
May 13, 2013
Almost five years after Lehman Brothers Holding Inc. filed for bankruptcy, managers of the bank’s estate are demanding millions from retirement homes, colleges and hospitals.

Former Lehman derivatives banker helps Paschi unravel contracts

Elisa Martinuzzi and Ambereen Choudhury
March 4, 2013
Riccardo Banchetti, whose work packaging derivatives took him far at Lehman Brothers, is now making a living unraveling the kind of deals he once developed.

Lehman’s cash rises to $5.6 billion before creditor payment

Linda Sandler
December 27, 2012
Lehman, which is due to make a third payment to creditors in March, had $5.6 billion in free cash on Nov. 30, an increase of $1.1 billion during the month.