Mar 20

What is Repo 105?

Posted by Kristjan Velbri | Posted in General | Posted on 20-03-2010

Repo 105, the accounting gimmick used by Lehman Brothers before it collapsed on itself, has been making the headlines as of late. But what is it and how did it help to ‘cleanse’ Lehman’s balance sheet? Well, this video should help you understand. If you haven’t fulfilled your Lehman appetite, then this list of links by Barry Ritholtz should do the trick.

Post to Twitter Post to Digg Post to Post to Reddit Post to StumbleUpon

Related Posts

  • No related posts.

Write a comment