March 12th, 2010
In a 2,200-page report released yesterday , a court examiner said that Lehman Bros.’ former CEO Dick Fuld, three CFOs, and auditor may be held liable for certain aspects of the company’s collapse, thanks to some artistic accounting. MarketWatch sums up the report’s most important findings: The report cited a practice known internally as “Repo 105,” in which Lehman allegedly used repurchase agreements — the...





