Lehman 'gimmicks' disguised insolvency
Former bosses at Lehman Brothers have been heavily criticised for employing an accounting "gimmick" that managed to hide the failed bank’s insolvency. A year-long investigation into the collapse of Lehman by court-appointed examiner, Anton Valukas, found that ex-chairman and chief executive, Dick Fuld, and senior executives regularly ignored the bank’s own risk controls...
Latest Market News View All
John Lewis has spring in its step
Friday 12 Mar 2010
John Lewis continued to thrive last week as better weather had shoppers sprucing up their homes and thinking about their summer wardrobe.
Sales at the department store chain rose 15.9% to £53.22m, with Fashion up 20.7% and Home growing sales by 20.5%. Read more...
Comment & Analysis
Small Cap Focus: K3 acquisition boost
Thursday 11 Mar 2010
Software provider K3 Business Technology is performing better than expected and good acquisitions will provide a strong boost t... Read more
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