Current Lehman News Results

Condo Projects That Didnt Cut Prices
Many condominium projects are returning to the market after waiting out the downturn, and some havent reduced prices.

$1 Billion to Clean Up Lehman
In the biggest U.S. bankruptcy ever, Lehman may spend five more years selling assets of $639 billion to pay unsecured creditors as little as 14.7 cents on the dollar

ICE's Jeffrey Sprecher: The Sultan of Swaps
Sprecher has found profit remodeling the credit default swap market. His close relationship with banks has critics worried that he hasn't made it safer

Winners & Losers From The Week That Was
Winners and losers from the week.

Longtime married couples honored at fair
With video: More than 50 couples renewed their wedding vows Thursday afternoon at the Lenawee County Fair. Each of the couples had been married for more than 50 years.

Zacks Analyst Blog Highlights: Citigroup, J.P. Morgan, Bank of America, Wells Fargo and Motorola
CHICAGO--(BUSINESS WIRE)--Zacks.com Analyst Blog features: Citigroup (NYSE: C), J.P. Morgan (NYSE: JPM), Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC) and Motorola Inc. (NYSE: MOT). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579 Here are highlights from Thursdays Analyst Blog ...

Nomura hires 40 students on triple pay to be global bankers
Nomura Holdings Inc., Japan's biggest securities firm, offered jobs to 40 students at triple the normal starting salary under a new plan to strengthen its international business, two sources said. The college recruits, chosen from 650 candidates, will take up positions in investment banking, trading and other departments starting next April, the sources said, speaking on condition of anonymity ...

St. Petersburg officials remain optimistic the city will recoup $15 million in investment losses despite ruling
By Michael Van Sickler, Times Staff Writer Friday, July 30, 2010 ST. PETERSBURG A federal judge has dismissed two claims by the city against its former investment banker for blowing more than $15.8 million in Lehman Bros. corporate bonds that tanked in 2008. Still, St. Petersburg officials remain hopeful that the city will get its money back. "The three remaining claims are our strongest ones ...

Sheriff's Report
Emanuel County Sheriffs Deputies reported: July 9 Victim on Lehman St. stated that an unknown suspect stole a jewelry box containing $30,000 from his safe.

GPM Announces Changes to Portfolio Management Team
LISLE, Ill.--(BUSINESS WIRE)--Guggenheim Enhanced Equity Income Fund (the Fund) (NYSE: GPM) announces changes to the Funds portfolio management team. The portfolio management personnel of Guggenheim Partners Asset Management, LLC, the Funds investment sub-adviser (GPAM or the Sub-Adviser), which is an indirect subsidiary of Guggenheim Partners, LLC (Guggenheim), who are primarily ...