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Hudson Castle: Lehman Brothers' Secret Debt Mule

First Posted: 06/12/10 06:12 AM ET Updated: 05/25/11 05:10 PM ET

Lehman Brothers Hudson Castle

New York Times:

It was like a hidden passage on Wall Street, a secret channel that enabled billions of dollars to flow through Lehman Brothers.

In the years before its collapse, Lehman used a small company -- its "alter ego," in the words of a former Lehman trader -- to shift investments off its books.

Read the whole story: New York Times

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Filed by Jeff Muskus  |