Repo 105

Repo 105
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Published at:2010-03-12
By:Marketplace APM
Duration:5 minutes 58 seconds

Description: Its the title of a dubious financing transaction that Lehman Brothers used in 2008 to make its balance sheet look healthier than it really was. Paddy Hirsch takes a stab at explaining how Repo 105 worked. #MarketplaceAPM #Repo105 #EconomicExplainersHear more about the fallout of the Lehman report at Marketplace:http://marketplace.publicradio.org/display/web/2010/03/12/pm-weekly-wrap-q/Subscribe to our channel! https://...

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