The Spectacular Fall Of Lehman CFO Erin Callan - So Many Lies So Little Time (VIDEO)

Video - Maria Bartiromo on Erin Callan

As you listen, remember that virtually every word you hear from Callan is a lie.  Lehman was a cesspool of fraud with a $600 billion hole in in their balance sheet according to the bankruptcy report.  Hedge Fund manager David Einhorn begins at the 3-minute mark, and touches on the fraud, though the stories below provide a much deeper analysis of the madness inside Lehman.

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Background reading...

• LEHMAN ACCOUNTING FRAUD: Attention Prosecutors: Watch This Video About Lehman, Geithner, Fuld & The NY Fed

• Dick Fuld Won't Accept What The Rest Of Us Already Know: He And Other Lehman Execs Were Criminal Bastards Who Routinely Lied About Debt, Leverage & Asset Valuations

• Lehman's False Accounting Was Known By SEC and NY Fed Regulators -- Yet They Did Nothing

Comments

[DailyBail]

« BUSTED: Bank Of America Admits To SEC That It Repeatedly Lied About Debt And Leverage Levels »

http://dailybail.com/home/busted-bank-of-america-admits-to-sec-that-it-repeatedly-lied.html

[DailyBail]

« Lehman's False Accounting Was Known By SEC And NY Fed Regulators -- Yet They Did Nothing »

http://dailybail.com/home/lehmans-false-accounting-was-known-by-sec-and-ny-fed-regulat.html

[DailyBail]

« Dick Fuld Won't Accept What The Rest Of Us Already Know: He And Other Lehman Execs Were Criminal Bastards Who Routinely Lied About Debt, Leverage & Asset Valuations »

http://dailybail.com/home/dick-fuld-wont-accept-what-the-rest-of-us-already-know-he-an.html

[DailyBail]

Lies, More Lies & Richard Fuld: Lehman's Fraudulent Dick

http://dailybail.com/home/lies-more-lies-richard-fuld-lehmans-fraudulent-dick.html

[DailyBail]

« Screaming For Liquidity Requirements From Deep, Deep Inside The Lehman Bankruptcy Report »

http://dailybail.com/home/screaming-for-liquidity-requirements-from-deep-deep-inside-t.html

[DailyBail]

« FRAUD: Documents Show Bank Of America & Citigroup Utilized Lehman-Style Repo 105s To Hide Debt »

http://dailybail.com/home/fraud-documents-show-bank-of-america-citigroup-utilized-lehm.html

[DailyBail]

« BUSTED: Dylan Ratigan On The Lying Scoundrels At Bank Of America (That Means You Ken Lewis) »

http://dailybail.com/home/busted-dylan-ratigan-on-the-lying-scoundrels-at-bank-of-amer.html

[DailyBail]

« Catching Up With The Crooks (Fuld, Cassano, Prince, Rubin & Ken 'Fights For Repo 105s' Lewis) »

http://dailybail.com/home/catching-up-with-the-crooks-fuld-cassano-prince-rubin-ken-fi.html

[DailyBail]

« LEHMAN ACCOUNTING FRAUD: Attention Prosecutors: Watch This Video About Lehman, Geithner, Fuld & The NY Fed »

http://dailybail.com/home/lehman-accounting-fraud-attention-prosecutors-watch-this-vid.html

[tom dee]

It is interesting how the thieves threw two of the big brokerage houses into the gutter and then took control of everything. I read that they are pushing 30 year bonds and a possible 50 year bond. There will be the tool used to default o Social Security because once they get all the money loaned for pork projects are converted to 50 years bond they will bring in a volker who pushs the interest rates up to 18 percent and they will buy back the 50 years bonds a penny or two on a dollars.
I believe taking total control of our currency and wealth forced them to dump any possible people who might object to something like the 50 year bonds. We are so screwed and you can be sure that one day they will talk about the great depression and it will have started about 2010 and probably ended with wwiii when China using all the money given them destroys europe and puts the USA back into a box with no one even noticing the once mighty nation who went bankrupt starting wars.

[Josie]

@ tom dee

One word: Rome...

[robertsgt40]

Callan was set up to take the fall. Six months on the job and she single handedly took down Lehman? Pleez. She's not even a tribal member.

[DailyBail]

I'm not saying she took down Lehman. I am saying she lied repeatedly during her tenure about Lehman's true financial state. She was the CFO - there is court precedent for prosecuting the CFO for lies.