Lehman Brothers Examiner Files Sealed Report on Probe

An examiner probing Lehman Brothers Holdings Inc.’s 2008 failure filed under seal his report investigating whether banks such as JPMorgan Chase & Co. and Barclays Plc triggered or improperly benefitted from Lehman’s $639 billion bankruptcy.

Examiner Anton Valukas said today in court filings he would ask a judge for help in making the report public if people he interviewed didn’t consent to lift their demands for confidentiality. The report is about 2,200 pages excluding appendixes, and divulges so much “protected information” that it would be impractical to black out those parts before publication, he said.

Valukas, 66, spent a year and $34 million probing the failure of the fourth-largest investment bank by interviewing more than 100 people and scrutinizing more than 10 million documents, according to filings.

Full Story Lehman Brothers Examiner Files Sealed Report on Probe (Update2) – BusinessWeek.

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