Learn how Repo 105 allowed Lehman Brothers to hide debt during the financial crisis, what this accounting tactic involved, and how it prompted regulatory changes.
Repurchase Agreements (known as "Repos") are short-term agreements for the sale and repurchase of government securities, providing overnight interest to the buyer. Repos are collateralized overnight ...
When an account falls into default and results in repossession, the impact extends well beyond the loss of the asset. That negative mark becomes part of the borrower’s credit history and can shape how ...
Last week, a formerly obscure accounting trick called "Repo 105" surfaced into the mainstream following a bank examiner's report. The report revealed that Lehman Brothers was insolvent weeks before it ...
Car repossessions, which are becoming more common after a dip during the COVID-19 pandemic era, have serious financial consequences for lenders and borrowers. Over a million cars were repossessed in ...
The Indestructible Drone is one of the most useful tools in REPO, especially when you’re dealing with fragile or expensive valuables that can easily break. While the name sounds like it will make ‘you ...
Voluntary repossession allows you to return your car to the lender on your own terms instead of waiting for it to be seized. While it can help you avoid additional fees, involuntary repossession still ...
A repurchase agreement, commonly referred to as a repo, is a type of financial transaction in which a borrower temporarily lends security to a lender, agreeing to buy it back at a set price, usually ...