1. If you were an investor in Lehman Brothers, how would you evaluate the riskiness of Lehmans business model over 2000-2008? Why? Elaborate your reasons.
2. Why did Lehman use the Repo 105 transactions? Do you agree with how Lehman accounted for the transactions? Why? Provide examples.
3. What institutions, if any, were at fault for Lehmans use of Repo 105s and how would you go about improving the institutions? Why- Provide examples.