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Losses and Lawsuits
An overhaul of how the government regulates the financial system is required to prevent future economic crises, said US Federal Reserve chairman Ben Bernanke in a speech delivered before the Council...
Counterparties to derivatives trades with Lehman Brothers that are currently in-the-money for the bankrupt estate will not be able to hold off payment indefinitely, predict lawyers.
Three class actions have been filed on UBS Financial Services and the officers and directors of Lehman Brothers on losses from investments in principal protected notes (PPNs) issued by the defunct US bank....
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