It is the Wall Street equivalent of a coroner’s report — a 2,200-page document that lays out, in new and startling detail, how Lehman Brothers used accounting sleight of hand to conceal the bad investments that led to its undoing.
You can read the full article from the New York Times at http://www.nytimes.com/2010/03/12/business/12lehman.html?hp=&pagewanted=all
Monday 15 March 2010
Lehman Brothers kept billions off its books
Labels:
banks,
financial crisis,
governance,
operational risk