Lehman Brothers, the firm that collapsed four years ago causing a global financial crisis, misrepresented its financial health prior to its bankruptcy...
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...
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...
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...
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.
I agree with Felix Salmon that the former Lehman staffers who defend Repo 105 are psychopaths -- certifiably insane. They state (as if this justifies...
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.
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.
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...
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.
And where was the government while all this "materially misleading" accounting was going on? In the vernacular of teenage instant messaging, let's jus...
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...
In an interview with Bloomberg Television this morning, former Lehman Brothers CFO Brad Hintz condemned the firm's executives for camouflaging its bal...