The AFMC windfall report is the second in a series of Red Flag reports that focus on culliing key details from the Financial Footnotes.. Our first Red Flag report focused on off-balance sheet debt and how it affects over 2900 companies.
In this, the third report in our Beyond the BalanceSheet series, we provide shareholders with scorecards on corporate integrity and earnings quality for the 30 largest U.S. companies based on market capitalization.
In connection with the earnings report Lehman released on June 16, 2008, the firm published a detailed financial appendix breaking down its balancesheet by various asset groups.
It is quite hard to be precise, because none of the banks report their current capital position on the transitional Basel 2.5 basis (ie the rules for measuring balance-sheet strength that will apply in 2015).