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Lehman Brothers Headlines

Lehman brokerage trustee, Pimco settle U.S. bankruptcy claims

The trustee liquidating Lehman Brothers Holdings Inc's brokerage unit has agreed with Pacific Investment Management Co unit to resolve $187.4 million of the money management firm's customer claims, likely at a fraction of their estimated value.

Lehman brokerage trustee, Pimco settle U.S. bankruptcy claims

The trustee liquidating Lehman Brothers Holdings Inc's brokerage unit has agreed with Pacific Investment Management Co unit to resolve $187.4 million of the money management firm's customer claims, likely at a fraction of their estimated value.

Lehman brokerage trustee, Pimco settle U.S. bankruptcy claims

The trustee liquidating Lehman Brothers Holdings Inc's brokerage unit has agreed with Pacific Investment Management Co unit to resolve $187.4 million of the money management firm's customer claims, likely at a fraction of their estimated value.

Breakingviews: Accounting fraud is ripe for fresh scrutiny

Dodgy numbers will replace insider trading as Wall Street watchdogs' preferred prey in 2015. New auditing and analytics have already given the U.S. Securities and Exchange Commission a head start, even if the 2002 Sarbanes-Oxley reforms make cases of accounting fraud harder to track down.

Factbox: Fragmented BOJ board, profile of policymakers

Two key vacancies opening up in the Bank of Japan next year will give premier Shinzo Abe a chance to tip the board's balance in favor of further monetary stimulus, removing one source of headache for his hand-picked central bank head.

REFILE-Ruling crushes Lehman RMBS investor hopes

NEW YORK, Dec 11 (IFR) - A US court this week dealt investors a heavy blow in their battle with Lehman Brothers, the defunct US investment bank they claim breached representations and warranties made on bonds backed by shaky home mortgages.

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