Topic: Investment Banking and Securities Dealing

Lehman balance sheet massaging may not be unusual

NEW YORK (Reuters) - On Wall Street, massaging the balance sheet is a time-honored practice. But did Lehman Brothers Holding Inc <LEHMQ.PK> cross a line in the routine manipulation of its balance sheet, as described by an independent examiner? That is the central question to emerge from the ...
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Lehman Brothers Bankruptcy

Lehman Brothers Bankruptcy
FILE - In this Oct. 6, 2008 file photo, Lehman Brothers Holdings Inc. Chief Executive Richard S. Fuld Jr., testifies before the House Oversight and Government Reform Committee on Capitol Hill in Washington, on the collapse of Lehman Brothers. A report by U.S. bankruptcy-court examiner faults Lehman Brothers executives and ...
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Lehman failure 'fault of managers, banks, auditors'

A court-appointed expert has blamed the collapse of investment bank Lehman Brothers on its top management as well as audit firm Ernst & Young and banks Citigroup and JPMorgan Chase. The 158-year-old bank filed for protection in September 2008 in the largest US bankruptcy filing in history, leaving the future ...
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Lehman failure fault of managers, banks, auditors: expert

A court-appointed expert blamed the collapse of investment bank Lehman Brothers on its top management as well as audit firm Ernst & Young and banks Citigroup and JPMorgan Chase. The 158-year-old bank filed for protection in September 2008 in the largest US bankruptcy filing in history, leaving the future of ...
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