Home > Risk > Another great Lehman post or two…

Another great Lehman post or two…

Francine McKenna is at it again: well worth reading her post on the unfolding Repo 105 saga.

I am not a lawyer, but I suspect the issue of whether the accounting was acceptable and the EY audit acceptable will not be settled except in the courts.

You should also see this: http://www.businessweek.com/news/2010-03-24/specter-to-revive-measure-allowing-investors-to-sue-accountants.html

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