Lehman Brothers Inc.

With Lehman Brothers bruised and staggered from its $2.8 billion loss in the second quarter, analysts and financial pundits have been writing rough-draft predictions that the bank may soon be joining Merrill Lynch, Citigroup and Bear Stearns as an institution in free fall, an institution that, despite its best efforts, simply could not overcome the unforgiving gravity exerted by the mortgage-backed securities meltdown. And while Lehman’s posting of its first quarterly deficit since going public 14 years ago is cause for concern, the bank’s shareholders, and Wall Street at large, began to breathe a bit easier this week as the firm’s chief executive officer, Richard Fuld, stepped up to take sole responsibility for his firm’s troubles.  read more »

Crain's is reporting that Robert Lieber, a managing director of Lehman Brothers, has accepted the presidency of the city's Economic Development Corporation. Mr. Lieber would take over from Andrew Alper, a former COO of Goldman Sachs, who left the EDC post in June after four years. - Tom Acitelli

"The problem with Wall Street," my lunch companion remarked, "was that in a firm employing many thou  read more »

Lehman Brothers managing director John Kasich kicks back inthe plush leather chair in his corner off  read more »

Back in the early 1960's, when passage of the InterestEqualization Tax made it clear that a fair pie  read more »

Michael Stern, the 20-year-old founder of the much-ballyhooed and now defunct Internet incubator Aqu  read more »

That Lehman Brothers convertible-bond analyst Ravi Suria came out with a scorchingly negative "avoid  read more »

When I began this column, my son Francis had only just celebrated his first birthday.  read more »