Articles Tagged With 'Lehman Brothers'
BofA on Accounting Maneuvers: Our Statement Stands (If Read Carefully)
Turns out, we were on the right track when we asked Bank of America about its balance sheet.
SEC Rebuked for Regulatory Failure With Lehman Brothers
The Lehman bankruptcy examiner tells a congressional panel that the SEC and other regulators failed to protect investors.
Behind the Financial Reform Push, Worries of Warring Regulators
The Lehman Brothers case suggests that regulatory agencies can be stingy with information and eager to point blame at others.
SEC to Banks: Who Else Used Repo 105?
The SEC is asking financial firms whether they used the same off-the-balance-sheet accounting methods that Lehman Brothers used.
Despite Lessons from Lehman, Financial Reform Bill Sets No Hard-and-Fast Rules on Liquidity
Proposed banking reforms apparently don't require banks to manage their liquidity in ways that would avoid Lehman Brothers' deceptions.
More on Lehman and Repo 105: The Auditors Attempt to Explain
Ernst & Young, Lehman Brothers' auditor, sent a letter to its clients saying, in effect, we didn't point out Lehman's risky Repo 105 maneuvers, but you should have known Lehman was in trouble anyway.
Bank of America: Our Balance Sheet Management Is ‘Routine and Appropriate’
Bank of America defends itself after allegations that it used accounting tactics akin to those used by Lehman Brothers.
Lehman Brothers Autopsy: Repo 105, and Why Auditors Have Some Explaining to Do
Many deny knowledge of Lehman Brothers' accounting trick, but Ernst & Young signed off on the books.
