Repo 105: Lehman's 'Accounting Gimmick' Explained
npr.org
Repo 105: Lehman's 'Accounting Gimmick' Explained
As the financial crisis grew in 2007 and 2008, the now-defunct banking giant knew it needed to reduce its reliance on borrowed money. But it was a bad time to sell stuff off and pay back debts. So Lehman Brothers made special use of something call...
Mar 12, 2010
Repo 105 Scandal
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