U.S. Team Praises Lehman Despite Loss
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Although members of the American team were unable to explain their lopsided defeat, they didÃÂ offer praise forÃÂ team captain Tom Lehman.
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Lehman Brothers, one of a handful of Wall Street banks to avoid large losses related to subprime mortgages, reported better than expected earnings for the fourth quarter.
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Investment bank Lehman Brothers  Holdings Inc.  on Tuesday said its second-quarter profit  rose 27 percent as surging bond underwriting and stock trading  revenue more than made up for bond trading results hurt by U.S.  mortgage weakness.
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Tom Lehman, making his debut as U.S.   Ryder Cup captain at the K Club this week, owned up to his   first rookie mistake on Wednesday.
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Stocks were little changed on Wednesday after comments from Lehman Brothers Holdings Inc. kept worries about the mortgage market alive, but investors took the chance to snap up bargains after Tuesday's 2 percent market fall.
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Soupy fog made it impossible to see the ball. And the way Tom Lehman is playing at the Buick Invitational, it might be hard for the rest of the field to find him.
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New American Ryder Cup captain Tom Lehman is to put the emphasis on togetherness in the build-up to the first-ever match on Irish soil.
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Despite fears, Lehman Brothers takes only a small hit from mortgage bonds.
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ORLANDO, Florida  - Tom Lehman shot a  five-under-par 67 Saturday to join Briny Baird at the top of  the leaderboard after the third round of the Funai Classic.
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Tom Lehman gave himself a third straight chance at ending nearly five years of frustration, making two eagles Saturday to overcome a few glitches with the putter for a 5-under 67 that left him tied for the lead with Briny Baird in the Funai Classic at Disney.
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U.S. investment bank Lehman Brothers  Holdings Inc. LEH.N on Wednesday said fourth-quarter profit  rose 22 percent on continued strength from fixed-income  businesses and record investment banking revenue.
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Paul McGinley's generous act of   conceding a half to opponent JJ Henry in Sunday's singles saved   the United States from possibly suffering their heaviest defeat   in the Ryder Cup.
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Ryder Cup captain Tom Lehman is not concerned about the disappointment Tiger Woods expressed over his selection to head the 2006 U.S. team.
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Tom Lehman sought out a motivational coach in an effort to lead the U.S. Ryder Cup team to its first win on European soil in 13 years.
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Lehman Brothers Holdings Inc.  on Tuesday said quarterly profit rose 27 percent, beating expectations, on surging revenue from bond underwriting and stock trading.
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Former Open champion Tom Lehman is favourite to lead the United States at the next Ryder Cup when the new captain is unveiled on Wednesday.
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America will salute the reign of a new leader today when Tom Lehman is unveiled as captain for the 2006 Ryder Cup in Ireland. American newspapers reported last night that the 45-year-old, who