Word: lehman
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Shoppers may not jump at the early discounts. Many consumers are still in a frugal mind frame and can easily recall how retailers slashed prices up to 85% last November and December to unload huge inventories. At that time, shell-shocked retailers, rattled by the collapse of Lehman Brothers, the crisis at AIG and upheaval in the credit markets, pushed the panic button...
Tachibana and Lehman beat a team from Brown, 9-7, and a team from Cornell, 8-1. The two fell, 8-6, to a tandem from...
Also in the Singles 1 draw, freshman Alexandra Lehman went 2-1 on the weekend, playing three sets in each match. In the Singles 2 draw, sophomore Caroline Davis went 0-2, and junior Agnes Sibilski went...
...Doubles A draw, Lehman and freshman Hideko Tachibana paired up and won two of their three matches...
...forget, too, that a fair number of Wall Streeters got wiped out because their wealth was tied to their firm's stock price. Dick Fuld, the former CEO of Lehman, had shares and options worth about $1 billion at their peak. He got less than $1 million when he sold them after the firm went bankrupt. (He still took home, before taxes, $490 million from his stock-based compensation, so don't cry for him.) James Cayne, CEO of the defunct Bear Stearns, was in a similar situation. If Fuld and Cayne had known their firms were as badly...