The case against Lehman Brothers – CBS News

26 Apr

enough evidence for a prosecutor to bring a case against top Lehman officials and one of the nation’s top accounting firms for misleading government regulators and investors. That was two years ago and there have been no prosecutions. Anton Valukas has never given an interview about his report until now.Steve Kroft: This is the largest bankruptcy in the world. What were the effects?Anton Valukas: The effects were the financial disaster that we are living our way through right now.Steve Kroft: And who got hurt?Anton Valukas: Everybody got hurt. The entire economy has suffered from the fall of Lehman Brothers.Steve Kroft: So the whole world?Anton Valukas: Yes, the whole world.

via The case against Lehman Brothers – CBS News.

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