A credit default swap is insurance against the possibility of default. Learn about their role in the financial crisis of 2007 ...
This tenth anniversary of the Lehman bankruptcy would seem to demand reflection. Common wisdom, after all, holds that the failure acted as the detonator of the great financial crisis and recession ...
A boutique investment bank founded by alumni of Lehman Brothers and Barclays asked a judge to stop one of its oil-and-gas dealmakers from going to work at Citigroup until June, saying Citi is ...