Pieces Added to Puzzle by Lehman Examiner Complete Report
Lehman Brothers

Right from accounting mistakes to the flummoxed risk managers, the newly released documents collected by a court-appointed examiner of Lehman Brothers Holdings Inc. has managed to cast some fresh light on some of the factors that managed to propel the bank to bankruptcy.

But still, some of the most widely sought after pieces of the probe still seem to be missing, which are the dispositions of ex-Chief Executive Richard Fuld and other important people at the bank.

Chairman of the law firm Jenner & Block, Examiner Anton Valukas shared that none of the interviews and dispositions will ever released.

"There are a multitude of reasons they will remain sealed", he said, without offering any other details. He also refused to comment on whether the decision to keep the information under wraps has any possible relations to the ongoing probe by the U. S. Securities and Exchange Commission or the Department of Justice.

The final report submitted has concluded "that an argument can be made that the transfers at issue were fraudulent transfer".

 

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