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DJN

07/06/22 1:41 PM

#100414 RE: DJN #100413

The report indicates that Lehman hid $39 billion at the end of the fourth quarter of 2007, $49 billion in the first quarter of 2008 and $50 billion in the second quarter of that year.

Yes, the word HID is used. That would be fraud for me or you, but not in the banking/investment world.

https://www.cbsnews.com/news/lehman-cooked-books-before-collapse-report-finds/