Former Lehman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The first 17 residents moved into the former Lehman school on Sept. 30. Now, all but 10 or fewer rooms have been leased.

CANTON – Long-awaited work is underway at the former Lehman school. The one-time junior high and high school at 1120 15th St. NW is expected to become senior housing by spring of 2022.  Lehman alumni sang the high school's alma mater before Tuesday's ceremonial groundbreaking, hosted by development partners of the future Oxford Place.   "The alumni association is 100% behind it," Milt Hondrakis, president of the association, said before wielding a shovel.  The former school building, which has been vacant since 2006, will be repurposed into 62 senior apartments. They will consis...

Many people. >> i would say to you the 500 number is not accurate. >> he said he actually took home about $310 million. this former lehman lawyer was watching the testimony from home. >> i was shocked. i decided i needed to double-check before i let my outrage really grow. >> reporter: as first reported by bloomberg, he then went to public documents and compiled these spread sheets. his conclusion, he actually pocketed more than he claimed. $529 million. >> what i found, he had actually taken home more than $200 million more than than he had indicated to congressman waxman. >> he worked on leh...

It's just after 6:30 on the east coast. now it's time for some of the day's top stories. yes, it is. the s.e.c. is starting a formal investigation into the accounting practices of lehman brothers that may have been used to mask their shaky footing before the collapse. former lehman brother ceo richard fuld defended his position, saying he knew nothing of the questionable accounting. >> given all that's been -- that's been said, i would like to add that i'm very much aware that one day we had a firm, the next day we did not. and a lot of people got hurt by that. and i have to live with that...