Examiner says bankrupt Lehman could face lawsuits
Date: Fri, 12 Mar 2010 12:01:10 -0500
EXAMINER SAYS BANKRUPT LEHMAN COULD FACE LAWSUITS
Bankrupt financial giant Lehman Bros.' former top officers, its
auditor and several rival brokers could face legal claims, a
court-appointed examiner says.
HOW 'REPO 105' WAS LEHMAN'S ACCOUNTING 'DRUG'
An accounting maneuver known as "Repo 105" was a "drug" that helped
maintain a veneer of health on Lehman Brothers' crumbling balance
sheet in the months running up to its bankruptcy, a report from a
court-appointed examiner shows.
CITI CEO: LOCAL CONSUMER LENDING LOSSES CONTAINED
If Pandit is right, Citi may be more free to pursue overseas growth.
PANDIT'S CITI FORECAST COMES WITH FOOTNOTES
In one way, Vikram Pandit is doing what a good chief executive should:
talking up his company. Where he's risking trouble is setting a target
for those
expectations, writes David Weidner.
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