Financial Times FT.com

Lehman unravels Y35bn web of intrigue

By Michiyo Nakamoto

Published: March 30 2008 19:45 | Last updated: March 30 2008 19:45

The scam that appears to have conned Lehman Brothers out of Y35bn ($353m) is so complex that it seems the stuff of movies.

Much like in the Japanese classic Rashomon, the multiple versions of events and uncertain characters involved raise the question of whether what really happened will ever be known.

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