Anton Valukas, right, attorney for former Chicago Sun-Times publisher David Radler, speaks to a man outside a federal courthouse in Chicago, Illinois, Tuesday, September 20, 2005. David Radler, the ...

How is it that the “Repo 105” transaction, which now-bankrupt Lehman Brothers and MF Global used to dress up their balance sheets, is still a factor in financial accounting? In early 2010, Lehman ...

The attorney general seeks the return of the entirety of fees E&Y collected for work performed for Lehman between 2001 and 2008, exceeding $150 million, plus investor damages and equitable relief. The ...

The massive report by Lehman Brothers bankruptcy examiner reveals that the investment bank did not collapse simply because of the economic climate, but also thanks to a lot of accounting chicanery.

More than anything else, the three sources wondered why Repo 105—which was used to shuffle $38.6 billion at the end of 2007, $49.1 billion in the beginning of 2008 and $50.3 billion for its second ...

It is the Wall Street equivalent of a coroner’s report — a 2,200-page document that lays out, in new and startling detail, how Lehman Brothers used accounting sleight of hand to conceal the bad ...

The Financial Accounting Standards Board has issued an exposure draft outlining changes in the accounting standards for repurchase agreements such as the Repo 105 transactions that have been blamed ...

NEW YORK, June 4 (Reuters) - Former Lehman Brothers Holdings Inc chief executive Richard Fuld asked a judge on Friday to toss out an investor lawsuit that accused him and other Lehman officials of ...

Pretty important term coming out of the Lehman autopsy. You might familiarize yourself with it - and wonder how many other financial firms are using the same "drug." At the center of the controversy ...

The big revelation in Anton Valukas‘s report on Lehman Brothers’ failure in March 2010 was the bank’s use of an accounting trick called Repo 105, in which Lehman used the cash it received from ...

Last week, a formerly obscure accounting trick called "Repo 105" surfaced into the mainstream following a bank examiner's report. The report revealed that Lehman Brothers was insolvent weeks before it ...