NEW YORK, Dec. 5 (UPI) -- The Reserve Primary Fund has said if push comes to shove it will use its investors' money to fight lawsuits brought on by the investors themselves.
NEW YORK, Nov. 11 (UPI) -- A soured investment in Lehman Brothers debt proved even a prudent U.S. investor can find trouble in the current financial environment.
Lehman CEO, other execs get subpoenas ... GM shops Hummer to possible buyers ... China wealth fund ups Blackstone stake ... UPS to raise air, ground rates ... News from United Press International.
NEW YORK, Oct. 18 (UPI) -- Lehman Brothers Chairman and CEO Richard Fuld Jr., has been summoned to talk to U.S. investigators looking into the investment firm's collapse, sources say.
U.S. markets flirt with record loss Monday ... Eli Lily to acquire ImClone Systems Inc. ... Lehman's Fuld passes blame around ... Iceland stays its hand with banks for now ... News from United Press International.
WASHINGTON, Oct. 6 (UPI) -- Lehman Brothers Holding Inc. Chief Executive Officer Richard Fuld Jr. said regulators, the media and his own decisions contributed to the company's demise.
NEW YORK, Sept. 21 (UPI) -- Once-hot merger discussions between ailing U.S. financial giant Morgan Stanley and retail banker Wachovia Corp. have slowed, sources say.
NEW YORK, Sept. 20 (UPI) -- Britain's Barclays Bank has been cleared by a New York bankruptcy judge to buy the core business assets of collapsed U.S. investment bank Lehman Brothers.
FRANKFURT, Germany, Sept. 19 (UPI) -- German officials threatened consequences for a state-owned bank that transferred $500 million to Lehman Brothers Holdings hours before it collapsed.
NEW YORK, Sept. 17 (UPI) -- British bank Barclays announced it bought failed Lehman Brothers' U.S. investment banking and capital market units for just over $1 billion.
LONDON, Sept. 16 (UPI) -- British bank Barclays said Monday it was talking with Lehman Brothers about buying some of the firm's core business assets.
TOKYO, Sept. 16 (UPI) -- The Wall Street contagion caused largely by the collapse of Lehman Brothers Holdings spread Tuesday to major Asian markets where stocks plunged after opening.
LONDON, Sept. 15 (UPI) -- Lehman Brothers' fall jolted global financial markets, perhaps leading European banks to be reluctant to lend to each other, a global economist said Monday.
NEW YORK, Sept. 15 (UPI) -- Home mortgages shouldn't be affected by news about two U.S. investment giants but economic experts say Wall Street's woes haven't reached bottom yet.
NEW YORK, Sept. 14 (UPI) -- Talks aimed at rescuing Lehman Brothers Inc. investment bank were fruitless but Merrill Lynch found a buyer in Bank of America Sunday, The New York Times said.
