A new report says Lehman Bros. used accounting tricks to cover up the fact it had been insolvent for weeks before it filed for bankruptcy in September 2008. Lynn Turner, former chief accountant for the Securities and Exchange Commission, discusses the creative accounting techniques the company used to manipulate its books.
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Full story at http://www.npr.org/templates/story/story.php?storyId=124628526&ft=1&f=1006
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