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10/20/2008
Bankruptcy Offers No End to Lehman's Troubles
1/08/2007
LeNature Bankruptcy is le'Bad News for Wachovia
Bankruptcy Offers No End to Lehman's Troubles
Count 'em - three Federal criminal probes (Brooklyn, Manhattan and Newark) and 12 subpoenas for their trouble. Lehman is of course also one of the twenty-some-odd firms the FBI is investigating in their look at mortgage lending and securitization. More via Bloomberg.
-- MDT
-- MDT
Labels: bankruptcy, Lehman Brothers, mortgage backed securities
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LeNature Bankruptcy is le'Bad News for Wachovia
When $120 million goes missing - probably converted to gems, gold watches and other black market goods - folks tend to pay attention. Accordingly, Pennsylvania's bankrupt LeNature is drawing a great deal of scrutiny regarding exactly what happened to the firm's assets.
One individual who's got a pair of eyes focused on LeNature is James McLean, of law firm of Manion McDonough & Lucas. McLean, who is representing group of creditors and investors, is intent on getting to the bottom of Wachovia's relationship to the bankrupt firm. He claims that banking giant, Wachovia, was complicit in the financial misdealings that undid LeNature.
More here and for more details check out those additional stories listed on the right of the linked page.
-- MDT
One individual who's got a pair of eyes focused on LeNature is James McLean, of law firm of Manion McDonough & Lucas. McLean, who is representing group of creditors and investors, is intent on getting to the bottom of Wachovia's relationship to the bankrupt firm. He claims that banking giant, Wachovia, was complicit in the financial misdealings that undid LeNature.
More here and for more details check out those additional stories listed on the right of the linked page.
-- MDT
Labels: bankruptcy, Lenature, Manion McDonough and Lucas, Wachovia
