Lehman Brothers Hid Borrowing, Examiner Says - NYTimes.com

Image by Getty Images via DaylifeLehman Brothers Hid Borrowing, Examiner Says - NYTimes.com: "According to the report, Lehman used what amounted to financial engineering to temporarily shuffle $50 billion of troubled assets off its books in the months before its collapse in September 2008 to conceal its dependence on leverage, or borrowed money. Senior Lehman executives, as well as the bank’s