Lehman Brothers
2 activist/short documents on this target.
Timeline
2008-05-21
Greenlight Capital · speech
Lehman quietly disclosed $6.5bn of previously hidden CDO exposure but took only a $200m write-down
N5 V2
2008-05-21
Greenlight Capital · speech
Lehman is using fair-value accounting tricks to hide CDO losses and inflate Level 3 marks; the firm is over-levered, opaque, and needs to recapitalize before the Fed has to step in.
N5 V2