Brown offers Europe a lesson in leadership
The good news is that governments are at last abandoning an ad hoc approach in favour of a systematic response, writes Wolfgang Münchau
Lehman Brothers
Resources
More in this section
Snappy design from ex-Lehman banker
It will be one of the more unusual items to mark the first anniversary of the global financial meltdown: a luxurious, crocodile-skinned laptop bag, lined and branded with the bank’s distinctive green logo
Lehman faces up to $100bn in claims
Lehman’s European businesses are planning to lodge claims, described as ‘exceptionally complex’, for up to $100bn against their former holding company
Citadel subsidiary appointed administrator for Lehman’s
Citadel Solutions is using the Lehman mandate as a springboard to relaunch itself and distance itself from its parent company
Citadel files Lehman-linked claim
Citadel Investment Group, the Chicago-based hedge fund run by Ken Griffin, is seeking to recover $470.5m it believes it is owed by the failed investment bank, according to court documents
Return of $9bn in Lehman claims delayed
Clients of Lehman Brothers’ European operations face further delay in recovering their assets after an English judge decided he could not approve a scheme that would help expedite the winding-up the collapsed bank’s complicated operations
Related content and features
Interactive
The end of Lehman Brothers
Interactive timeline: View a blow by blow account of the demise of one of the biggest Wall Street banks, and the players involved
Management
How to capitalise the banks and save finance
The international financial system needs repairing , but there are grounds for optimism, writes George Soros
A cruel wind
The strategy of debt-fuelled growth that transformed Reykjavik into a financial powerhouse now leaves Iceland facing an uncertain future
Markets throw one tantrum after another
For most of the past year, senior bankers have struggled to avert a collapse of faith in modern finance. Tragically, as this month’s events show, they have largely lost this fight, writes Gillian Tett
The Lehman legacy: Catalyst of the crisis
Treasury secretary Hank Paulson’s refusal to rescue the 158-year-old Wall Street bank took the upheavals into their latest and most severe phase
The shocking errors of Iceland’s meltdown
Politicians should not become central bank governors. David Oddsson is part of the problem and should resign now, writes Richard Portes
The excesses of pragmatism
There are circumstances in which people are forced to choose which they want more – democracy or prosperity. We are picking the latter, writes Christopher Caldwell
Man in the News: Gordon Brown
The British prime minister’s bold response to the financial crisis has caused the country to look at him with fresh eyes
More stories
