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GAAP.RUNewsSEC focusing on Lehman accounting maneuver - WSJ

SEC focusing on Lehman accounting maneuver - WSJ

Author: Ritsuko Ando

Publication date: 10 September 2010

The U.S. Securities and Exchange Commission, looking into the collapse of Lehman Brothers Holdings Inc, is focusing on an accounting maneuver that made it look like the company had reduced its debt, the Wall Street Journal reported on Thursday.

The U.S. Securities and Exchange Commission, looking into the collapse of Lehman Brothers Holdings Inc, is focusing on an accounting maneuver that made it look like the company had reduced its debt, the Wall Street Journal reported on Thursday.