U.S. policymakers are struggling to agree on new rules to avoid another financial crisis. A global consensus? Even harder. Efforts are raging on three continents, with at least as many ideas about the proper fixes. Unless the U.S., Europe and Asia adopt uniformly ...

(Reuters) - Lehman Brothers Holdings Inc <LEHMQ.PK> ousted whistle blower Matthew Lee just weeks after he had raised concerns with Lehman's auditor about the firm's accounting in 2008, the Wall Street Journal said, citing people familiar with the matter. Lee, a former senior vice president, Finance Division, in charge of global balance sheet and legal entity ...

The administrator for failed Wall Street giant Lehman Brothers has filed plans to end the largest bankruptcy in US history, opening the way for the creation of a new company. "The proposed plan represents a fair economic resolution for all Lehman creditors and will accelerate recoveries to creditors," said Bryan Marsal, chief executive and chief restructuring officer of Lehman Brothers ...

NEW YORK (Reuters) - Lehman Brothers Holdings Inc <LEHMQ.PK> on Monday filed a plan with the U.S. bankruptcy court in Manhattan to wind down its remaining assets and operations -- and end the largest U.S. bankruptcy case in history. Under the proposed Chapter 11 plan, a newly created business called LAMCO would manage what is left of ...