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Lehman

Fuld Asks Dismissal of Repo 105 Suit

Fuld Asks Dismissal of Repo 105 Suit

According to a story at Bloomberg.com:“ Lehman Brothers Holdings Inc.’s ex- Chief Executive Officer Richard Fuld asked a judge to dismiss a lawsuit accusing him and his colleagues of failing to disclose Repo 105, a financing method allegedly used to conceal billions of dollars of debt, according to court records.”