
The Federal Reserve and Treasury Department are actively helping Lehman Brothers put itself up for sale, and officials are hoping a deal will be in place this weekend before the Asian markets open on Monday, according to sources familiar with the matter.

Tom Lehman made a par putt on the second playoff hole Sunday to become the 13th player to win his Champions Tour debut, teaming with Bernhard Langer to beat Craig Stadler and Jeff Sluman in the Liberty Mutual Legends of Golf.
Tom Lehman’s debut on the Champions Tour got off to a promising start, with some help from teammate Bernhard Langer.
Hong Kong lawmakers slammed HSBC for helping to sell Lehman Brothers bonds in the Chinese territory, questioning if Europe’s largest bank should have done more to protect local investors from products that may be worthless in the aftermath of the Wall Str
A bankruptcy judge on Monday approved the sale of Lehman Brothers Holdings Inc.’s prized investment management unit to a group of managers and employees.
A Lehman Brothers broker who gleaned tips about pending mergers from his wife, a partner at a high-powered public relations firm, was charged Thursday in a wide-ranging insider trading scheme that earned $4.8 million in profits, authorities said.
A group of managers and employees has won an auction to buy Lehman Brothers Holdings’ prized investment management unit, which includes the Neuberger Berman money management business.
A restructuring expert overseeing the liquidation of Lehman Brothers will replace Richard Fuld as chief executive on Dec. 31, Lehman lawyer Harvey Miller said Thursday.
A restructuring expert overseeing the liquidation of Lehman Brothers will replace Richard Fuld as chief executive on Dec. 31, Lehman lawyer Harvey Miller said Thursday.
Administrators of the European arm of failed investment bank Lehman Brothers Holdings Inc. said Friday that untangling its financial dealings will be a much bigger _ and far lengthier _ task than dealing with the fallout of the collapse of energy company
Investors in financial products tied to failed Wall Street investment firm Lehman Brothers have sued in a Hong Kong court, claiming they were duped by the local banks who sold the now worthless products, according to a media report Friday.
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