Anton Valukas, right, attorney for former Chicago Sun-Times publisher David Radler, speaks to a man outside a federal courthouse in Chicago, Illinois, Tuesday, September 20, 2005. David Radler, the ...
WASHINGTON - An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of the once-venerable Wall Street house has ...
How is it that the “Repo 105” transaction, which now-bankrupt Lehman Brothers and MF Global used to dress up their balance sheets, is still a factor in financial accounting? In early 2010, Lehman ...
It is the Wall Street equivalent of a coroner’s report — a 2,200-page document that lays out, in new and startling detail, how Lehman Brothers used accounting sleight of hand to conceal the bad ...
The massive report by Lehman Brothers bankruptcy examiner reveals that the investment bank did not collapse simply because of the economic climate, but also thanks to a lot of accounting chicanery.
WASHINGTON -- An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of the once-venerable Wall Street house has ...
The attorney general seeks the return of the entirety of fees E&Y collected for work performed for Lehman between 2001 and 2008, exceeding $150 million, plus investor damages and equitable relief. The ...
NEW YORK, June 4 (Reuters) - Former Lehman Brothers Holdings Inc chief executive Richard Fuld asked a judge on Friday to toss out an investor lawsuit that accused him and other Lehman officials of ...
Presenting a detailed look at "Repo 105" - the next soundbite sure to fill the airwaves over the next weeks and months, as more and more banks are uncovered to be using this borderline criminal ...
The Financial Accounting Standards Board has issued an exposure draft outlining changes in the accounting standards for repurchase agreements such as the Repo 105 transactions that have been blamed ...
Pretty important term coming out of the Lehman autopsy. You might familiarize yourself with it - and wonder how many other financial firms are using the same "drug." At the center of the controversy ...
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