Lehman Brothers Holdings Inc. said Thursday its fourth-quarter profit fell for the third straight quarter, slipping 11% from a year ago on net write-downs of $830 million on fixed-income trading...
With the big investment banks done reporting this week, one thing has become clear, Goldman Sachs is in a class by itself. Unlike the other banks, Goldman anticipated the credit crunch and put...
Lehman Brothers reported better than expected earnings today, even with the credit crunch swirling around. Fortune columnist Peter Eavis writes an interesting article that asks whether Lehman was...
Lehman Bros reported earnings today and showed by the credit crunch is only part of the picture. Third quarter net income fell by 3.2% as the wrote off half a billion dollars in fixed income...
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