Topic: Repo 105
All Content
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Ernst & Young under legal scrutiny for Repo 105 moves
Repo 105 maneuvers allowed Lehman to move tens of billions in liabilities off its balance sheet temporarily. Will its auditor, Ernst & Young, now face prosecution?
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Bank debt harder to hide under SEC proposal
Bank debt: Proposed rules would require more disclosure on accounting tricks to make bank debt look smaller.
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Suing the SEC for lack of regulation
The SEC did nothing to stop Lehman Bros. from using questionable accounting tactics. Should they be held responsible?
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Lehman debacle: one of greatest crimes ever?
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Lehman Bros. used accounting trick amid financial crisis – and earlier
Failed investment bank Lehman Bros. used an accounting trick at the end of each quarter to make its finances appear less shaky than they really were, says a report from an examiner.
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