Richard Fuld, former CEO of Lehman, feels that the 2,200 page report on the collapse of the firm “vindicates” him (NYPost)
Renaissance Technologies may close two of its funds (WSJ)
Harley Davidson (HOG) will be bought by a private equity firm (Reuters)
HSBC (HBC) may participate in an auction for a $4 billion stake in Korea Exchange Bank (Reuters).
Dubai World will offer to pay banks the full $26 billion that it owes but plans to stretch the payments over several years. (Al Arabiya)
Arrow Energy is allowing Royal Dutch Shell (RDS) and PetroChina (PTR) to examine its book after the two large firms may a $3 billion offer for the Australian operation. (Reuters).
AT&T (T) is delaying its sale of Palm (PALM) handsets. (Barron’s)
Douglas A. McIntyre
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