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I don't get it. If it was "blessed" by an English law firm that indicated that the transaction was only valid under English law, then how does it still apply u
by baguasquirrel 17y ago
I don't get it. If it was "blessed" by an English law firm that indicated that the transaction was only valid under English law, then how does it still apply under American law? It sounds like they broke the rules, they just made it look like they weren't to anyone who wasn't paying close enough attention.
- dsplittgerber 17y agoThe "blessing", to my knowledge, concerned compliance with accounting rules and therefore depends on the accounting standards Lehman used, which are internationally accepted ones.