Lehman Brothers

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Definitions
Lehman Brothers Scandal
Lehman Brothers Accounting Scandal Repo 105 Subprime Mortgage Crisis Financial Statements Bankruptcy Auditing
The Lehman Brothers scandal emerged after the collapse of Lehman Brothers in late 2008. It involved using a loophole in US accounting standards known as 'Repo 105' to hide substantial losses on the subprime mortgage market.
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Definitions
Repo 105
Repo 105 Lehman Brothers Financial Scandal Accounting Maneuver Off-Balance Sheet Activities Window Dressing Financial Regulation
Repo 105 is an accounting maneuver used by Lehman Brothers to temporarily reduce the appearance of its leverage before reporting financial results.
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