Examiner unveils Lehman accounting tricks
March 13, 2010
WASHINGTON — An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of the once-venerable Wall Street house has found. The question now is whether the trickery spells legal jeopardy for executives of Lehman or its auditors Ernst & Young.
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Examiner unveils Lehman accounting tricks
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