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Friday, March 12, 2010

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Report: Lehman execs manipulated data

A bankruptcy examiner report has found that negligence and manipulation on the part of top executives at Lehman Brothers contributed to the firm's collapse. Amy Scott reports on a piece of accounting chicanery known as "Repo 105." More»

Walkaways help reduce consumer debt

Consumer debt has fallen at record rates. But not necessarily because we're all saving and skimping. Nancy Marshall Genzer explains. More»
Conan to go on the road for live shows

Conan O'Brien is contractually barred from appearing on TV for several months, so he's taking his show on the road. Why? Jeremy Hobson reports. More»

The financial world is abuzz over the new 2,200-page report on the collapse of Lehman Brothers. It is a searingly thorough investigation, the kind that can have a profound impact on the way Wall Street does business. Maybe.

Continue reading A whole new can of worms

Mar 12, 2010 12:36 PM PT — Scott Jagow
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Debt destruction

A new Federal Reserve report says total US household debt fell in 2009, the first drop since records began in 1945. But before anybody gets too excited, we have to consider how this debt is being destroyed.

Continue reading Debt destruction

Mar 12, 2010 9:47 AM PT — Scott Jagow
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Morning Reading

Happy Friday. This morning, go inside the purchase of a toxic asset, why Wall Street hates Elizabeth Warren and a coroner’s report on Lehman Brothers:

Continue reading Morning Reading

Mar 12, 2010 5:58 AM PT — Scott Jagow
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The airlines fight back

Is it possible the airline travel experience could get worse? If you believe the threats some airlines are making, the answer could be yes.

Continue reading The airlines fight back

Mar 11, 2010 9:45 AM PT — Scott Jagow
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You'll never see that money again

A new report says the bailout of GMAC was wrong on so many levels, it’s hard to know where to begin. But for future reference, it’s important to note what happened.

Continue reading You'll never see that money again

Mar 11, 2010 8:10 AM PT — Scott Jagow
2 Comments

Morning Reading

Good morning. Some of the things I’ve seen so far — Hollywood’s about to get into the derivatives game, the GMAC bailout is looking like a disaster and the House is saying no to pork for corporations:

Continue reading Morning Reading