Bank Failures, Executives | featured news

(Image from article: "Lehman report blames execs, auditor")

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DealBook: Ex-Lehman Officials to Pay $90 Million to Settle Suit

The Lehman executives and directors are accused a shareholder lawsuit of misleading investors about the investment bank's health in the months leading up to its collapse.

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FDIC Nears WaMu Settlement

The FDIC is close to settling a lawsuit that accused former Washington Mutual executives of taking gambles that sparked the thrift's 2008 collapse.

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Lehman report blames execs, auditor

Failings by Lehman executives and its auditor led to the collapse of the bank which unleashed the worst of the financial crisis, according to a report by a U.S. bankruptcy court-appointed examiner.

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