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: International and UK LawLehman bosses ?used lazy gimmick?
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Dick Fuld, the former chief executive of Lehman Brothers, and some of his closest lieutenants used a ?lazy accounting gimmick? to hide the fact that the bank was insolvent, an explosive report by a court-appointed legal examiner has found.Full post as published by International and UK Law on March 11, 2010 (boomark / email).
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allegedly breached ERISA duties for employee savings plan participants.
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