08/11/2010 05:12 am ET Updated May 25, 2011

Lehman Probe Searches Emails For Terms Like 'Stupid,' 'Breach,' And 'Big Trouble'

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 ever investigated for financial wrongdoing or a subsequent cover-up.

Those are some of the terms that examiner Anton R. Valukas searched for in 34 million pages of Lehman Brothers Holdings Inc. e-mails and reports, to find out who knew what about the risks that drove the fourth-largest securities firm into bankruptcy, according to his 2,200-page study on the collapse

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