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According to bankruptcy examiner Anton Valukas, the seeds of Lehman's Sept. 15, 2008, bankruptcy were sown in 2006, aggressively fertilized throughout 2007 and 2008's first two quarters, and ...
New York Fed General Counsel Thomas Baxter, who participated in the government's final efforts to save Lehman in the days before its bankruptcy, confirmed to Valukas "In no way was the idea to ...
Anton Valukas, chairman of the Chicago law firm Jenner & Block, was appointed by a bankruptcy court in New York in early 2009 to report on the causes of the Lehman bankruptcy. With fellow authors, he produced a 2200-page document detailing their views on the inner workings of Lehman Brothers, and possible avenues for proceedings against ...
Lehman's bankruptcy was expected to cause some depreciation in the price of commercial real estate. The prospect for Lehman's $4.3 billion in mortgage securities getting liquidated sparked a selloff in the commercial mortgage-backed securities (CMBS) market. Additional pressure to sell securities in commercial real estate was feared as Lehman ...
A daily look at legal news and the business of law: Lehman Estate v. JPMorgan Lehman Brothers was pushed off the bankruptcy cliff in its final hours by a spiraling increase in collateral demands ...
A daily look at legal news and the business of law: Lehman Bankruptcy Details May Get Thorough Public Airing After Lehman Brothers filed for bankruptcy on Sept. 15, 2008, Anton Valukas of Jenner ...
A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers is a 2009 non-fiction book written by Lawrence G. McDonald and Patrick Robinson which chronicles the events surrounding the bankruptcy of Lehman Brothers in the context of the financial crisis of 2007–2010 and the subprime mortgage crisis.
In this case, the lawyers and accountants circling Lehman Brothers stand to make more than $2 billion in fees for unwinding what was once one of Wall Street's largest Lawyers to Collect $2 Billion ...