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Loan Modification

: Mortgage Lender Implode-o-Meter

Despite Lessons from Lehman, Financial Reform Bill Sets No Hard-and-Fast Rules on Liquidity

By Implode-Explode Heavy Industries

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"Following the bankruptcy examiner?s report on Lehman Brothers, financial reporters and bloggers pounced on deceptive, off-balance sheet maneuvers such as Repo 105, which Lehman used to hide its risk and illiquidity in order to raise its company?s profile for investors. "

Full post as published by Mortgage Lender Implode-o-Meter on April 01, 2010 (boomark / email).

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