Peabody Says Banks Had Decisive Role in Lehman Collapse: Video
March 12 (Bloomberg) -- Charlie Peabody, an analyst at Portales Partners LLC, talks with Bloomberg's Margaret Brennan about a bankruptcy examiner's report on the collapse of Lehman Brothers Holdings Inc. Lehman used off-balance-sheet transactions to understate its leverage in late 2007 and 2008, deceiving shareholders about its ability to withstand losses, bankruptcy examiner Anton Valukas said in a report yesterday. (Source: Bloomberg)
Charlie Peabody, an analyst at Portales Partners LLC, talks with Bloomberg's Margaret Brennan about a bankruptcy examiner's report on the collapse of Lehman Brothers Holdings Inc.
Lehman used off-balance-sheet transactions to understate its leverage in late 2007 and 2008, deceiving shareholders about its ability to withstand losses, bankruptcy examiner Anton Valukas said in a report yesterday. (Source: Bloomberg)
00:00 Lehman report: counterparties, balance sheet
Running time 04:55
Rate this Page