WASHINGTON - An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of the once-venerable Wall Street house has ...

FASB revised its standards for repo agreements in 2011 as a response to the use of ‘Repo 105’ transactions by Lehman Brothers, and now the board have decided to add a new agenda item after the ...

Last week, a formerly obscure accounting trick called "Repo 105" surfaced into the mainstream following a bank examiner's report. The report revealed that Lehman Brothers was insolvent weeks before it ...

NEW YORK (Reuters) - Lehman Brothers' former chief executive said he only learned of Lehman's use of a controversial accounting technique a year after the investment bank filed for bankruptcy in ...