Tag Archives: jp-morgan


Lehman Bros. denies tapping Fed

June 4, 2008 : Permalink

Seattle Times- Lehman Brothers on Tuesday denied that it was forced to tap the Federal Reserve’s discount window to stave off cash problems, and maintains that its books remain liquid. The nation’s fourth-biggest investment bank was battered Tuesday amid reports […]

Hedge Fund Fraudster Manhunt Comes to an End

June 3, 2008 : Permalink

New York (HedgeCo.Net) – The international man hunt for Sam Israel came to an end yesterday when the hedge fund fraudster turned himself over to authorities.   Israel turned himself into the Southwick, Mass., police station around 9:30 a.m., said […]

SEC to probe Bear Stearns trading data

May 28, 2008 : Permalink

Reuters- Bear Stearns Cos plans to turn over documents to securities regulators showing that financial giants like Goldman Sachs Group, Citadel Investment Group and Paulson & Co cut their exposure to the securities firm before its collapse, the Wall Street […]

Merrill Lynch Probes Trading Desk

May 27, 2008 : Permalink

Bloomberg – Merrill Lynch & Co., the third- largest U.S. securities firm, is probing one of its trading desks in London and has suspended a trader after discovering he may have overstated the value of some of the bank’s equity […]