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: Securities Law Prof Blog

The Short Story on Lehman and Repo 105

By Securites Lawprof

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What is Repo 105 (from Examiner Report's executive summary, footnotes omitted): Lehman employed off?balance sheet devices, known within Lehman as ?Repo 105? and ?Repo 108? transactions, to temporarily remove securities inventory from its balance sheet, usually for a period of...

Full post as published by Securities Law Prof Blog on March 13, 2010 (boomark / email).

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