Great news: The job market is flourishing — for bankers whose job includes telling companies how to lay people off! Investment banks are getting ready to do some major mergers and acquisitions in the coming year, and as a result are hiring like the dickens, The New York Times reports.
To hear former Read More
Bankrupt investment firm Lehman Brothers Holdings, which today celebrates the two-year anniversary of its historic implosion, is suing the Canadian Imperial Bank of Commerce and many others for $3 billion, Reuters reports.
Lehman says it’s owed the $3 billion because CIBC and others were unfairly allowed to make claims against it as it Read More