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04-19-2010, 10:43 PM #1
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Lehman CEO's "Sergeant Schultz Defense" of Repo 10
Monday, April 19, 2010
Lehman CEO's "Sergeant Schultz Defense" of Repo 105
Inquiring minds are interested in Lehman CEO Dick Fuld's defense of Repo 105. Please consider Fuld Says Lehman Used Repo 105s to Satisfy Accounting Mandates. http://www.bloomberg.com/apps/news?pid= ... 5RuQ&pos=3
Richard Fuld, the former chief executive officer of defunct Lehman Brothers Holdings Inc., said the Wall Street firm reported certain repo transactions as sales because accounting rules required it to do so.
“Lehman should not be criticized for complying with the applicable accounting standards,â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
2 foreign nationals in ICE custody after alleged attempted...
05-18-2024, 07:35 AM in General Discussion