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Explain how Repo 105 worked by showing the effect of a 50 billion repo 105 transaction. Where does the name come from? Why would Lehman
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Repo 105 was a type of accounting maneuver used by Lehman Brothers to temporarily move assets off its balance sheet in order to make its financial pos...Get Instant Access to Expert-Tailored Solutions
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Cases in Financial Reporting
Authors: Michael J. Sandretto
1st edition
538476796, 978-0538476799
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