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Assume that Lehman's Repo 105 transactions fall within the limits allowed by generally accepted accounting principles as Lehman's management has argued. What are the ethical

Assume that Lehman's Repo 105 transactions fall within the limits allowed by generally accepted accounting principles as Lehman's management has argued. What are the ethical implications of undertaking transactions expressly to temporarily hide how much money a firm has borrowed?

Response of at least 150 words.

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