Page last updated at 22:33 GMT, Friday, 12 March 2010

Lehman Brothers' former heads criticised for lapses

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An investigation in America has found that senior managers at Lehman Brothers hid 50 billion dollars from its balance sheets in an attempt to conceal the true state of the company's finances.

Lehman's British based auditors, Ernst and Young, have also been heavily criticised.

Robert Peston reports.

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