October 2, 2022

accounting gimmicks

Anyone Holding Their Breath for the SEC to Give Lehman Brothers a Slap on the Wrist Will Be Passing Out Soon

Bloomberg reports that an internal memo states that the crack squad looking at the Commission is wrapping up their investigation and a stern talking to is the probably the worst it'll get for Dick Fuld et al.:  Under a heading reading “Activity in Last Four Weeks,” the undated document reads, “The staff has concluded its […]