Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Lehman Whistle-Blower’s Fate: Fired

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Wall St Journal
March 16, 2010

Lehman Brothers Holdings Inc. ousted a whistle-blower just weeks after he raised red flags about the securities firm’s accounting in 2008.

Matthew Lee, a 14-year Lehman veteran, was let go in late June 2008 amid steep losses at the firm as it tried to maneuver through the global financial crisis. Earlier that month, he had raised concerns with Lehman’s auditor, Ernst & Young, that the securities firm was temporarily moving $50 billion in assets off its balance sheet.

This accounting strategy helped to mask the risks Lehman was taking amid scrutiny by investors and regulators …

Full article here

This article was posted: Tuesday, March 16, 2010 at 4:57 am

Infowars.com Videos:

Comment on this article

Comments are closed.

The Truth About Islam See the rest on the Alex Jones YouTube channel.

Russian Jet Shoot Down: What They're Not Telling You See the rest on the Alex Jones YouTube channel.

© 2015 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.