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Repo 105

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

The Huffington Post | Harry Bradford | Posted 04.23.2012 | Business

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

Alexander Eichler

Report Highlights Legality Of Lehman Brothers 'Gut Feeling' Business

HuffingtonPost.com | Alexander Eichler | Posted 12.09.2011 | Business

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...

Lehman Auditors Charged With Fraud Over Questionable Accounting

Posted 05.25.2011 | Business

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...

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

AP | MARCY GORDON | Posted 05.25.2011 | Business

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

Lehman Probe Focuses On Emails That Say 'Stupid'

BusinessWeek | Linda Sandler | Posted 05.25.2011 | Business

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...

DK Matai | Posted 05.25.2011 | Business
DK Matai

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

No More Deceit -- Strictly Regulate Wall Street

Leo W. Gerard | Posted 05.25.2011 | Business
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.

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

AP | ALAN ZIBEL | Posted 05.25.2011 | Business

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

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

Bronte Capital | Posted 05.25.2011 | Business

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

Lehman Scandal: Where's the Follow Up?

Eliot Spitzer | Posted 05.25.2011 | Business
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.

Lehman Brothers; The Bank with Integrity, and Shameless Fraud

Lawrence G. McDonald | Posted 05.25.2011 | Business
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.

Dodd Calls For Probe Into Lehman Accounting

Posted 05.25.2011 | Business

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...

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 | Business

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

Biggest Accounting Scandals Of All Time (PHOTOS)

Posted 05.25.2011 | Business

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...

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

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
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.

Lehman Accounting Scandal: Why Did The Government Take So Long

nytimes.com | ANDREW ROSS SORKIN | Posted 05.25.2011 | Business

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

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

cjr.org | Ryan Chittum | Posted 05.25.2011 | Business

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...

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

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

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

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

Huffington Post | Grace Kiser | Posted 05.25.2011 | Business

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