Lehman Brothers' CEO 'sold' $14 million mansion to wife for $100 to hide assets

Discussion in 'Wall St. News' started by DynamicHedge, Jan 27, 2009.

  1. http://business.timesonline.co.uk/t...ectors/banking_and_finance/article5594623.ece

    and in other news:
  2. ipatent


    I hope that his wife now dumps him for her personal trainer.
  3. poyayan


    If this is legal, can't people using the same strategy to avoid estate tax?
  4. If he knows he going to get sued, then the transaction is illegal.