Entries tagged "New Jersey"
The Garden State sued a group of former Lehman Brothers executives and directors, alleging that fraud and misleading public statements caused N.J.'s public pension fund to lose at least $118 million.
If Donald Trump is looking for a challenging assignment for the contestants on his "Apprentice" television show, here's one: How about putting together a plan to turn around his financially strapped Trump Entertainment Resorts Inc., which operates casinos in Atlantic City, N.J.? The task would be an enormous undertaking and one solution that Trump himself is considering by taking the company private, according to the Financial Times....
Wall Street is somber Monday as it loses two of its independent investment banks, Lehman Brothers Holdings Inc. and Merrill Lynch & Co., causing a trickling effect throughout New York and neighboring New Jersey. With the two banks employing 85,000 New Yorkers and New Jerseyans there is no doubt that the loss of the two banks will be felt in the regional economy. ...
The state of New Jersey is offering troubled Lehman Brothers Inc. a break -- a $19.6 million break in taxes to be exact. ...
With all due respect to The Clash, the crux of Tropicana Entertainment LLC's bankruptcy looks like it will come down to one thing: Should William Yung stay or should he go? ...
