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Lehman Bankrutpcy: 'Repo 105,' Firm's 'Accounting Gimmick,' Was Like 'A Drug,' Emails Show
Business  (tags: Dick Fuld, Enron, Lehman Bankruptcy, Lehman Bros, Lehman Brothers, Lehman Ceo, Repo 105, Repo Lehman, Richard Fuld, Business News )

Judy
- 3380 days ago - huffingtonpost.com
The arcane "accounting gimmick" employed by Lehman Brothers as the firm failed in 2007 and 2008, was like "a drug" propelling the bank to conceal the true nature of its financial health, according to bankruptcy documents released yesterday.
   

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