...David P. Stowell; Evan Meagher Gary Parr, deputy chairman of Lazard Freres & Co. and Kellogg class of 1980, could not believe his ears. “You can't mean that,” he said, reacting to the lowered bid given by Doug Braunstein, JP Morgan head of investment banking, for Parr's client, legendary...

.... Several conceptual points may be drawn out in the case discussion or in a mini-lecture: financial policy investment banking option pricing security analysis valuation warrants Value the Chrysler warrants held by the government on the following five dates, then determine why the warrants...

...David P. Stowell; Evan Meagher In recent years Lehman Brothers, one of the five largest investment banks in the United States, had grown increasingly reliant on its fixed income trading and underwriting division, which served as the primary engine for its strong profit growth. The bank had also...

.... This case analyzes the strategies of the two hedge funds, focusing on how money can be made and lost during a financial crisis. The role of investment banks as lenders to hedge funds such as Peloton is explored, as well as characteristics of the CDO market and an array of both mortgage-related and credit...

... to CSX stock. Students will learn how equity exposure can be created without buying stock and without prior disclosure. The role of regulators, courts, and investment banks that facilitate these transactions is also explored. This case was prepared by Professor David Stowell, with the assistance...

..., or otherwise—without the permission of the Kellogg School of Management. Investment Banking Corporate Finance Corporate Restructuring Investment Management Financial Instruments Mergers and Acquisitions Financial Strategy Real Estate Hedge Funds Sears's stock outperformed that of its...