Lehman Brothers

Voices

Almost Famous: Jonathan Tepper of Demotix

Drake Martinet, Intern, All Things Digital in News on May 7, 2010 at 4:05 am PT

Never heard of Demotix? Don’t feel too bad, its founder says it’s a common problem. The London-based journalism start-up now operates in over 190 countries and territories and describes itself as a “street journalism” wire service. Our talk with founder and COO Jonathan Tepper gets into detail about how to do journalism and (hopefully) turn a profit.

Voices

Social Networking for Ex-Lehman and Bear Stearns Workers

Marisa Taylor, Reporter, The Wall Street Journal in News on September 14, 2009 at 8:16 am PT

A year after Lehman Brothers filed for bankruptcy, former workers keep in touch with each other on a niche social network called Forever Lehman. Strangely, it was founded by an ex-Bear Stearns employee. Sanjeev Naraine spent eight years at Bear Stearns, most recently as a global vice president of videoconferencing.

Weekend Update: 9.12.2009–Now in Eight Shiny New Colors

Beth Callaghan in Social on September 12, 2009 at 12:20 pm PT

While the highlight of the week was undoubtedly Apple’s Rock and Roll event on Wednesday featuring Steve Jobs 2.0, that was only the anodized aluminum, candy-colored, video-shooting cherry on top of another week of tech sector reporting from All Things Digital.

Is Media Spending Up? It Better Be.

Peter Kafka in Media on September 8, 2009 at 11:00 am PT

Another “things are looking up, sort of, maybe” report from medialand: A survey of advertisers says that many of them intend to increase their spending in the coming months. Except for those who say they’re going to decrease spending. Bigger picture: A year ago, things started getting downright terrible, which is going to make it a lot easier to say that things have improved today.

Ghosts of AOL, Lehman Visit Time Warner in $25 Billion Write-Down

Peter Kafka in Media on January 7, 2009 at 7:28 am PT

Yes, this economic collapse is different than the dotcom blowup at the beginning of the decade. But there are some similarities. For instance, in 2002, Time Warner had to take a $54 billion write-down connected to its disastrous AOL deal. Today, the company has announced a $25 billion write-down, which is in part connected to… its disastrous AOL deal. Insult to injury: Time Warner is also paying for Lehman’s collapse.

Lehman Brothers: $2.5 Billion for a Bankruptcy Well Done

John Paczkowski in News on September 23, 2008 at 5:10 pm PT

Finally, some reassuring news amid all this economic woe. The United States financial system is suffering the worst financial crisis since the Great Depression. The Treasury is planning to buy up to $700 billion in bad debt. But things are looking up for the long-suffering employees of investment bank Lehman Brothers. They’ve got a bonus pool.

Here's $39 Billion in Recognition for Your Hard Work on the Forthcoming Financial Crisis

John Paczkowski in News on September 23, 2008 at 6:40 am PT

Riddle for you: What’s larger than the gross domestic product of Sri Lanka, Lebanon or Bulgaria, and when divided by 186,000, more than four times higher than the median U.S. household income in 2006? If you guessed the $39 billion in bonuses Wall Street’s five largest banks doled out in 2007, you’re right!

Here’s $39 Billion in Recognition for Your Hard Work on the Forthcoming Financial Crisis

John Paczkowski in News on September 23, 2008 at 6:40 am PT

Riddle for you: What’s larger than the gross domestic product of Sri Lanka, Lebanon or Bulgaria, and when divided by 186,000, more than four times higher than the median U.S. household income in 2006? If you guessed the $39 billion in bonuses Wall Street’s five largest banks doled out in 2007, you’re right!

Weekend at Bernanke’s II

John Paczkowski in News on September 22, 2008 at 12:33 am PT

Six months ago, the nation had five independent investment banks. That number soon dwindled to four. And then to three. And by last week’s end, only two investment banks remained. Now those two are gone as well. The Federal Reserve Board hammered the final nail in the coffin of independent investment banks Sunday evening, allowing Morgan Stanley and Goldman Sachs to become traditional bank holding companies.