Markets

20 Infamous Quotes That Wall Street Wishes Were Never Made Public

[credit provider=”AP”] No matter how many times embarrassing Wall Street emails or conversations get made public, it never seems to stop.Just this week, we had a British bank exec’s allegedly profane outburst against Americans made public in a complaint from a New York state regulator.  We also had an aspiring trader’s […]
20 Infamous Quotes That Wall Street Wishes Were Never Made Public
News

Dick Fuld Loses $650 Million On Lehman (LEH) Implosion

Dick Fuld has made about half a billion dollars–$466 million–in the past 15 years from Lehman, so the money he’s currently losing while drives the firm into the ground is gravy.  But it’s a lot of gravy. The WSJ estimates that Fuld’s fortune has dropped by $650 million since Lehman’s […]
Dick Fuld Loses $650 Million On Lehman (LEH) Implosion
Markets

There Are Some Hilarious Emails In This New Treasure Trove Of Lehman Documents

[credit provider=”Wikipedia” url=”http://en.wikipedia.org/wiki/File:Lehman_Brothers_Times_Square_by_David_Shankbone.jpg”] It’s been almost four years since the collapse of Lehman Brothers and now we have access to a huge cache of the bank’s bankruptcy documents thanks to law firm Jenner & Block. [via DealBreaker]Given what happened, you’ll probably find some of the email exchanges between Lehman executives […]
There Are Some Hilarious Emails In This New Treasure Trove Of Lehman Documents
Markets

Meet The Lehman Prop Trader Who Made More Than Dick Fuld The Year Before The Bank’s Demise

[credit provider=”screenshot via MIT.edu” url=”http://web.mit.edu/corporation/members/Millard-R.html”] Earlier today, the LA Times reported the jaw-dropping amount of money Lehman Brothers’ top proprietary trader and other employees made prior to the bank’s collapse. In 2007, Robert Millard — who was at the time head of Lehman’s prop trading — was in line to rake in $51.3 […]
Meet The Lehman Prop Trader Who Made More Than Dick Fuld The Year Before The Bank’s Demise