Every bank needs enough capitals to meet the required operating ratio. If not, they'd be on a margin call to raise capitals. Lehman managed to swap some of their toxic asset for short term cash and then use it to shore up their balance sheet. Once the capital inspection is done, Lehman swapped return the cash to get their toxic assets back.
【在 f****r 的大作中提到】 : 谢谢
m*U
11 楼
赞
【在 w***3 的大作中提到】 : 咋问出来的?
c*l
12 楼
claim repo sales as real sales and took the securities they lend off BS. Then their BS looks much cleaner.