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Augusta-born Bernanke, in new memoir, recalls Lehman's 'surreal' failure

...Bernanke recalls the September weekend in 2008 when regulators sought desperately but in vain to save the investment bank Lehman Brothers as a "terrible, surreal moment.""We were staring into the abyss," the former Federal Reserve chairman writes...

http://chronicle.augusta.com/news/business/2015-10-02/augusta-born-bernanke-new-
Proof grows that female executives bring bigger profits, but businesses still slow to act

...risk-taking that led to the global financial crisis. IMF chief Christine Lagarde quipped that if collapsed investment bank Lehman Brothers had been Lehman Sisters, the crisis would look different.A recent study at Harvard Business School urged a re-think...

http://chronicle.augusta.com/news/business/2015-03-23/proof-grows-female-executi
Regulators push for stronger bank capital

...risk will flow their way."The financial companies that collapsed or nearly fell in the 2008 meltdown, such as Lehman Brothers, American International Group and Fannie Mae and Freddie Mac, showed that threats to the global system can come...

http://chronicle.augusta.com/news/business/2014-04-08/regulators-push-stronger-b
Janet Yellen says rules might need to be strengthened further to bolster largest banks

...regional bank."In 2007 and 2008, short-term creditors ran from firms such as Northern Rock, Bear Stearns and Lehman Brothers and from money market mutual funds and asset-backed commercial paper programs," she said. "Together, these...

http://chronicle.augusta.com/news/business/2014-04-15/janet-yellen-says-rules-mi
June jobs report shows recovery is accelerating, US economy coming closer to full health

...its lowest level since the financial crisis struck with full force in the fall of 2008, when the Wall Street firm Lehman Brothers went bankrupt."This has now become a textbook jobs expansion," said Patrick O'Keefe, the director of economic...

http://chronicle.augusta.com/news/business/2014-07-03/june-jobs-report-shows-rec
2008 transcripts show Federal Reserve struggling to grasp crisis

...Mac, the fateful decision to let investment bank Lehman Brothers fold in the largest bankruptcy in U.S. history...panicky investors. As late as Sept. 16, a day after Lehman Brothers filed for bankruptcy, Bernanke declared, "I think...

http://chronicle.augusta.com/news/business/2014-02-21/2008-transcripts-show-fede
Daniel Lehman

...received numerous medals and citations for his service. Survivors include: wife, Yong Yi Lehman; daughter, Dana Lehman; brother, David Lehman; sister, Jodi Reffitt; nephews, James Spencer, Jason Lehman; niece, Jessica Stoutenborough...

http://www.legacy.com/Link.asp?I=LS000171995225
Shutdown squeezed corners of US economy

...consumer confidence fell in the first week of the shutdown by the most since September 2008, when the collapse of Lehman Brothers intensified the financial crisis. Historically, spending doesn't always closely track confidence.But weekly...

http://chronicle.augusta.com/news/business/2013-10-17/shutdown-squeezed-corners-
5 years later: A look at local companies then and now

Wall Street spent September reminiscing about the five-year anniversary of the Lehman Brothers bankruptcy ? the meltdown stemming from losses from toxic mortgages believed to have triggered the collapse of the stock market...

http://chronicle.augusta.com/news/business/local-business/2013-09-27/t-years-lat
Stocks return to levels not seen since start of recession

...weight of bad mortgage bets, and investors began to sell.In September, the full financial crisis took hold as Lehman Brothers filed for bankruptcy, banks stopped lending to each other and investors began dumping stocks in earnest.By March...

http://chronicle.augusta.com/news/business/2012-09-06/stocks-return-levels-not-s