Richard Fuld: ‘I Was Wrong’
In the face of Representative Henry Waxman's hard heart and perhaps fearing his secret chamber of whips and snares, Lehman CEO Richard Fuld got right down to the business of apologizing this morning.
Posted 09/17/08 in Daily Intel
Scenes From a Meltdown
Barclays Buys Lehman Building and Some Other Stuff for $1.75 Billion
It was really quite an impressive bargain, especially when you think of it in pounds.
Posted 09/16/08 in Daily Intel
Scenes From a Meltdown
Lehman Staffers Look for NSA Love
When confronted with adversity, everyone has their own coping mechanisms — and sometimes those are sex parties and Craigslist.
Posted 09/16/08 in Daily Intel
White Women With Money
Slideshow: The Brokenhearted Babes of Wall Street
Did anybody else notice the parade of foxes exiting Lehman and Merrill yesterday? Who knew?
Posted 09/16/08 in Daily Intel
Scenes From a Meltdown
The Wall Street Crisis: What Does It All Mean?
The only thing that anyone seems really certain about right now is that when the smoke clears, we'll be looking at a different landscape.
Posted 09/16/08 in Daily Intel
Early and Often
McCain or Obama: Who’s Taking the Edge in the Wall Street Crisis?
Most likely, neither candidate really knows exactly what the hell is going on, or what can be done to fix it. But they'll try, damn it, they'll try.
Posted 09/16/08 in Grub Street
Models and Bottles
The Last Days of Bottle Service?
Nightlife types pontificate on the future of the industry's most hated institution.
Posted 09/16/08 in Daily Intel
Scenes From a Meltdown
Barclays in Talks to Buy Lehman Assets
The British investment bank, which walked away from a deal to buy portions of Lehman last Sunday, is apparently still sniffing around.
Posted 09/15/08 in Daily Intel
Scenes From a Meltdown
Lehman Employees Really ARE Losing Their Shirts
A special report from Lehman HQ just came across the wire.
Posted 09/15/08 in Daily Intel
Early and Often
If McCain and Obama Can’t Tap Into the Economy Message Today, They’ll Never Do It
And yet, with statements released this morning, both camps are off to a tepid start.
Posted 09/15/08 in Daily Intel
Scenes From A Meltdown
Holy Effing Crap: Wall Street in Flames
Metaphorically, of course. A quick guide to the current crisis for people who didn't pay attention this weekend.
Posted 09/12/08 in Grub Street
Midtown Madness
No Coffee for You!
A street cart has banned Lehman Brothers reporters.
Posted 09/12/08 in Daily Intel
White Men With Money
Hank Paulson’s Only Loyalty Is to the Chicago Cubs
Which is too bad for his brother Richard, a fixed-income salesman at Lehman Brothers.
Posted 09/12/08 in Daily Intel
Photo Op
Food Cart Owners to ‘WSJ’ Reporters: ‘No Coffee For You!’
We’re not the only ones put off by some of the reports coming out about Lehman Brothers.
Posted 09/11/08 in Daily Intel
Lehman: ‘It’s Over, Man’
The 158-year-old investment bank is reportedly in talks to sell itself.
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