- Lehman Brothers Holdings Inc. Announces It Intends to File Chapter 11 Bankruptcy Petition; No Other Lehman Brothers’ U.S. Subsidiaries or Affiliates, Including Its Broker-Dealer and Investment Management Subsidiaries, Are Included in the Filing, September 15, 2008
- Federal Reserve Board announces several initiatives to provide additional support to financial markets, including enhancements to its existing liquidity facilities, September 14, 2008
- Bank of America Buys Merrill Lynch Creating Unique Financial Services Firm – Combines leading global wealth management, capital markets and advisory company with largest consumer and corporate bank in U.S., September 15, 2008
- WSJ: “The U.S. government, which bailed out Fannie Mae and Freddie Mac a week ago and orchestrated the sale of Bear Stearns Cos. to J.P. Morgan Chase & Co. in March, played much tougher with Lehman. It refused to provide a financial backstop to potential buyers. Without such support, Barclays PLC and Bank of America, the two most interested buyers, walked away. Late Sunday night, Lehman said it intends to file for protection under Chapter 11 of the U.S. Bankruptcy Code with the United States Bankruptcy Court for the Southern District of New York.”
- New York Times: After Frantic Day, Wall St. Banks Falter – Lehman Will File Bankruptcy; Merrill to Be Sold
- “As part of its ongoing investigation into executive pay, the Oversight Committee asked Treasury Secretary Henry M. Paulson, Jr. and Federal Housing Finance Agency Director James Lockhart to provide documents related to severance compensation and other exit pay for Richard F. Syron and Daniel H. Mudd, the former CEOs of Freddie Mac and Fannie Mae.”
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Daily Archives: September 14, 2008
New on LLRX.com – Guide to DNA Post-Conviction Resources
Criminal Law Resources: DNA Post-Conviction Resources – Ken Strutin’s article includes a collection of recent and representative web-based materials concerning DNA technology developments and legal research on the impact of wrongful convictions and DNA exonerations on the justice system. Continue Reading
Legal Guide to Student Voting
Brennan Center for Justice: “Tailored for college students, the Legal Guide to Student Voting is an easy-to-use clickable map designed to arm students with the correct information necessary to cut through confusing and misleading registration and voting laws. The Guide also dispells common myths about the registration process that can discourage student votersparticularly those living… Continue Reading
The Municipal & Utility Guidebook to Bringing Broadband Fiber Optics to Your Community
The Municipal Guidebook to Bringing Broadband Fiber Optics to Your Community (126 pages, PDF) “is the first comprehensive guide written for city, county, and utility officials. The guide highlights the economic and quality-of-life benefits to communities that have a robust fiber infrastructure, and examines in detail four communities that have successfully deployed fiber-to-the-home services to… Continue Reading
Schedule of Presidential Debates and Debate History Resources
Via State Department: “The Commission on Presidential Debates (CPD) was established in 1987 to ensure that debates, as a permanent part of every general election, provide the best possible information to viewers and listeners. Its primary purpose is to sponsor and produce debates for the United States presidential and vice presidential candidates and to undertake… Continue Reading
Seasonal Variation in Traffic Congestion: Los Angeles, Chicago, Houston
Bureau of Transportation Statistics (BTS) Technical Report: Seasonal Variation in Traffic Congestion: A Study of Three U.S. Cities, August 2008, TR-005 “Most urban areas of the country face rising congestion levels as increasing volumes of vehicular traffic exceed the capacity of the transportation system. The Texas Transportation Institute (TTI) reported that, in 2005, Traffic congestion… Continue Reading
Felony Disenfranchisement Laws in the United States
The Sentencing Project, Felony Disenfranchisement Laws in the United States: “Since the founding of the country, most states in the U.S. have enacted laws disenfranchising convicted felons and ex-felons. In the last 30 years, due to the dramatic expansion of the criminal justice system, these laws have significantly affected the political voice of many American… Continue Reading
