Posts Tagged ‘lehman brothers’

Lehman emerges from bankruptcy

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Lehman Brothers Holding Inc. emerged from bankruptcy Tuesday by beginning to pay creditors as stipulated in a plan set up by the court on Dec. 6. The biggest creditors with a combined $ 138 billion were Citigroup and Bank of Mellon Corp […]

Market alarm as US fails to control biggest debt in history

US Treasuries last week suffered their biggest two-day sell-off since the collapse of Lehman Brothers in September 2008. The borrowing costs of the government of the world’s largest economy have now risen by a quarter over the past four weeks. View full post on UK Business Stories

Fed’s $600 Billion Economic Stimulus Plan Drives Stocks Up

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – The Federal Reserve’s announcement to buy $600 billion in bonds to stimulate the economy sent global markets rallying and U.S. stocks surging on Thursday. The Dow Jones Industrial Average was back in the same height before the crash of Lehman Brothers […]