Repo 105

Lehman Brothers Investigator: 'They'd Fudged The Numbers'

The Huffington Post | Harry Bradford | Posted 04.23.2012

Read More: Repo 105, Anton Vakulas, Video, 60 Minutes, Lehman Brothers, Matthew Lee, Financial Crisis, Steve Kroft, Lehman Brothers Bankruptcy, Cbs, Business News

Lehman Brothers, the firm that collapsed four years ago causing a global financial crisis, misrepresented its financial health prior to its bankruptcy...

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Alexander Eichler

Report Highlights Legality Of Lehman Brothers 'Gut Feeling' Business

HuffingtonPost.com | Alexander Eichler | Posted 12.09.2011

Read More: Cdos, Stress Tests, Risk Management, Bankruptcy Examiner, Real Estate, Collateralized Debt Obligations, Seton Hall, Anton Valukas, Lehman Brothers Collapse, Repo 105, Mark Denbeaux, Lehman Brothers, Assets, Financial Crisis, Lehman Brothers Bankruptcy, Risk, Business News

In the years leading up to its collapse, Lehman Brothers nearly doubled its risk and took a scattershot approach to valuing its assets, according to a...

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Lehman Auditors Charged With Fraud Over Questionable Accounting

Posted 05.25.2011

Read More: Repo 105, Lehman Brothers Accounting, Auditors, Ernst and Young, Andrew Cuomo, Ernst and Young Charges, Lehman Auditors, Accounting, Ernst and Young Lehman Accounting, Business News

Prosecutors in New York are set to file civil fraud charges against accounting firm Ernst & Young over the collapse of Lehman Brothers, the Wall Stre...

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SEC Eyes New Rules That Could Make It Harder For Banks To Hide Debt

AP | MARCY GORDON | Posted 05.25.2011

Read More: Repo 105, Debt, The Financial Fix, Finanicial Regulation, Lehman Brothers, Window Dressing, Banks, Securities and Exchange Commission, Sec Rules and Regulations, Business News

WASHINGTON — Federal regulators voted Friday to propose new rules that could make it harder for public companies to disguise their level of debt...

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Lehman Probe Focuses On Emails That Say 'Stupid'

BusinessWeek | Linda Sandler | Posted 05.25.2011

Read More: Lehman Brothers, Erin Callan, Richard Fuld, Lehman Probe, Dick Fuld, Lehman Lawusit, Anton Valukas, Repo 105, Lehman Fraud, Business News

June 11 (Bloomberg) -- "Just between us," it may be "stupid" to use certain words in e-mail to "discuss" the "big trouble" you might face if you're ev...

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DK Matai | Posted 05.25.2011

Read More: Repo 105, Lehman Brothers, Archstone-Smith Real Estate Investment Trust, Anton Valukas, Dick Fuld, Ernst & Young, Business News
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

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No More Deceit -- Strictly Regulate Wall Street

Leo W. Gerard | Posted 05.25.2011

Read More: Citigroup, Richard S. Juld Jr., President Obama, Washington Mutual, Financial Reform, Hedge Fund, Barack Obama, Katrina Vanden Heuvel, Financial Regulation, Goldman Sachs, Bank of America, Ezra Klein, Robert Khuzami, Morgan Stanley, John Paulson, Wall Street, Lehman Brothers, Sen. Mitch McConnell, Sen. Chris Dodd, Securities and Exchange Commission, Bank Bailout, Subprime Mortgage, Glass-Steagall, Repo 105, Too Big to Fail, Jpmorgan, Senate Minority Leader, Wa-Mu, Business News
Leo W. Gerard

If McConnell-style deceit about the financial reform bill continues in the Senate, serious regulatory reform won't happen. Half measures won't work. Only robust financial reform will end Wall Street's freedom to deceive.

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Bernanke: Fed Had No Idea About Lehman's 'Repo 105' Accounting Gimmick

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: Repo 105, Lehman Bankruptcy, Lehman Brothers, Lehman Accounting, Bernanke, Lehman Brothers Accounting Scandal, Federal Reserve, Ben Bernanke, Lehman Brothers Failure, Business News

WASHINGTON — The chairman of the Securities and Exchange Commission on Tuesday pledged better oversight of the nation's largest banks after crit...

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Lehman Scandal: Where's the Follow Up?

Eliot Spitzer | Posted 05.25.2011

Read More: Chrysler, Lehman, Lehman Brothers, Aig, Bankruptcy, Repo 105, Bond Insurers, Risk-Obfuscation, The Financial Fix, Business News
Eliot Spitzer

A deeper examination of the relationship between all the audit firms and their clients on the issue of risk-obfuscation is needed. Limiting any inquiry to Lehman alone is inadequate. To start, here are a few simple questions.

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Ken Lewis, Bank Of America: Repo 105 Antecedents At Lehman Brothers

Bronte Capital | Posted 05.25.2011

Read More: Mufj, Repo 105, Bank of America, Erin Callan, Balance Sheets, Ken Lewis, Lehman Brothers, Financial Crisis, Bofa, Wall Street, Recession, Prosecution, Financial Regulation, Risk, Accounting, Ernst and Young, Business News

I agree with Felix Salmon that the former Lehman staffers who defend Repo 105 are psychopaths -- certifiably insane. They state (as if this justifies...

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Lehman Brothers; The Bank with Integrity, and Shameless Fraud

Lawrence G. McDonald | Posted 05.25.2011

Read More: Fraud, Repo 105, Timothy Geithner, Bernard Madoff, Lehman Brothers, Economy, Qspe, Business News
Lawrence G. McDonald

State and federal offices are working closely with the examiner to prove Lehman Brothers' "pattern of deception." This effort is much more robust than most people realize.

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Dodd Calls For Probe Into Lehman Accounting

Posted 05.25.2011

Read More: Repo 105, Lehman Brothers, Lehman Investigation, Lehman Criminal Trial, Richard Fuld, Chris Dodd, Lehman Accounting Gimmick, Eric Holder, Dick Fuld, Lehman Accounting Scandal, Financial Crisis, Business News

In a letter to Attorney General Eric Holder, Sen. Chris Dodd (D - Conn.), the chairman of the Senate Banking Committee, called for an investigation in...

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Biggest Accounting Scandals Of All Time (PHOTOS)

Posted 05.25.2011

Read More: Richard Scrushy, Worldcom, Frank DiPascali, Enron, Healthsouth, Accounting Fraud, Aig, Repo 105, Freddie Mac, Accounting Scandals, Madoff, Lehman Brothers, Waste Management, Slidepollajax, Business News

Got a creative impulse? Accounting may be the profession for you! As you'll see from the below collection of massive book-cooking frauds, there may...

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Too Big to Succeed: Dodd's Proposal Creates a Cumbersome Bureaucracy

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Lehman, Consumer Financial Protection Agency, Federal Reserve, Steven Pearlstein, Chris Dodd, Repo 105, Barack Obama, Consumer Financial Protection Board, Politics News
Richard (RJ) Eskow

Once upon a time, it seemed as if our leaders understood that "too big to fail" meant "too big to exist." But in Sen. Dodd's financial reform bill, the big banks won't be dismantled -- they'll be watched ... by a committee.

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Lehman Scandal: Former Execs 'Shrug' At $50B Accounting Trick Wasn't A Big Deal, Fuld Says He's Vindicated

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Read More: Repo 105, Lehman Scandal, Lehman Brothers, Lehman Bankruptcy Report, Richard Fuld, Lehman Fraud, Lehman Accounting Scandal, Dick Fuld, Business News

Welcome to the Bizarro World of former Lehman Brothers executives. If you can believe it, some ex-Lehman executives are actually claiming that the...

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Lehman Accounting Scandal: Why Did The Government Take So Long

nytimes.com | ANDREW ROSS SORKIN | Posted 05.25.2011

Read More: Repo 105, Andrew Ross Sorkin, Treasury Department, Sec, Financial Regulators, Lehman Brothers, Lehman Accounting Scandal, Business News

And where was the government while all this "materially misleading" accounting was going on? In the vernacular of teenage instant messaging, let's jus...

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Lehman Brothers Scandal: Blogs Beat The Mainstream Press On The Key Details

cjr.org | Ryan Chittum | Posted 05.25.2011

Read More: Repo 105, Lehman Collapse, Lehman Scandal, Lehman Bankruptcy, Lehman Brothers, Lehman Fraud, Columbia Journalism Review, Business News

Look, I know that Lehman collapsed a year and a half ago, but this is a major story -- one that finally gets awfully close to putting the crimes in th...

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Brad Hintz, Former Lehman CFO: Firm's Accounting Practices Filled With 'Shenanigans' (VIDEO)

Huffington Post | Grace Kiser | Posted 05.25.2011

Read More: Repo 105, Repurchase Agreements, Lehman Brothers, Brad Hintz, Financial Crisis, Repo, Lehman Brothers Bankruptcy, Dick Fuld, Video, Business News

In an interview with Bloomberg Television this morning, former Lehman Brothers CFO Brad Hintz condemned the firm's executives for camouflaging its bal...

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Lehman Bankrutpcy: 'Repo 105,' Bank's 'Accounting Gimick,' Was Like 'A Drug,' Emails Show

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Read More: Repo 105, Repo Lehman, Lehman Bankruptcy, Lehman Brothers, Richard Fuld, Enron, Lehman Ceo, Lehman Bros, Dick Fuld, Video, Business News

** UPDATE: Scroll down to see Dylan Ratigan's segment ** The arcane "accounting gimmick" employed by Lehman Brothers as the firm failed in 2007 and...

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