Lehman’s Fuld ‘Negligent’ as Firm Hid Leverage, Examiner Says

Lehman’s Fuld ‘Negligent’ as Firm Hid Leverage, Examiner Says – Lehman Brothers Holdings Inc. used off-balance-sheet transactions to downplay its leverage in late 2007 and 2008, deceiving shareholders about its ability to withstand losses, a bankruptcy examiner’s report said – Bloomberg

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