For the year that it took the court-appointed examiner to conclude his report on the collapse of Lehman Brothers, officials from Wall Street to Washington were speculating that it as the fixed account of the largest bankruptcy in American history.

A Lehman Brothers worker leaves on Sept. 15, 2008 in New York, following the Wall Street firm's fall.

The thousands pages report, is revealed to recount efforts by the bank to use slight-of-hand accounting transactions to spiff up its financial position and sometimes use low-quality collateral to fetch loans.

Now government regulators possess what some lawyers call a road map for further inquiry into former Lehman executives like Richard S. Fuld Jr. and the auditing firm Ernst & Young.

"It's certainly not helpful to any of them," Michael J. Missal, a partner at the law firm K&L Gates and the examiner in the bankruptcy case of New Century Financial, revealed related to some individuals accused of impropriety in the report.

"It certainly assists private litigants and probably increases the pressure on the government to take some kind of action here," he added.