Law
JPMorgan, Citigroup Helped Cause Lehman's Collapse, Examiner's Report Says JPMorgan Chase & Co. and Citigroup
Inc. helped cause the failure of Lehman Brothers Holdings Inc.
by demanding more collateral and changing guarantee agreements,
according to a court-ordered report on the biggest bankruptcy in
U.S. history.
BGC Can Hire Tullett Prebon Staff Two Weeks After Final Ruling in Lawsuit BGC Partners Inc. may be able to
hire staff from rival Tullett Prebon Plc as soon as next month,
a London judge ruled today.
Lehman Misled Investors on Leverage, Fuld Was `Negligent,' Examiner Says Lehman Brothers Holdings Inc. used
off-balance-sheet transactions to understate its leverage in
late 2007 and 2008, deceiving shareholders about its ability to
withstand losses, a bankruptcy examiner’s report said.
RBS Told to Pay Trader Scott Cousins Fired for Sending Confidential E-Mail Royal Bank of Scotland Group Plc
was ordered by Singapore’s High Court to pay Scott Cousins, its
former chief trader, S$455,085.39 ($325,922) plus interest,
after ruling he did not breach a severance agreement.
Lyondell Reorganization Terms Win Court Approval Over Objections on Value Lyondell Chemical Co. can
reorganize based on a company value of $15.2 billion after a
judge overruled objections that questioned whether the amount
was artificially low.
Pledge of Allegiance in Schools Doesn't Violate Constitution, Court Rules Reciting the Pledge of Allegiance
with its reference to God in public schools doesn’t violate the
U.S. Constitution’s separation of church and state, a federal
appeals court ruled.
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