Lehman whistleblower lost job month after speaking out - papers

Matthew Lee, a senior vice-president in Lehman's accounting division, warned senior executives on May 16, 2008, that the bank was hiding huge risks from investors and regulators when it reported its quarterly figures, writes the Times. By the end of June Mr Lee had lost his job "as part of a wider restructuring". He had worked for the bank for 14 years. Erwin Shustak, Mr Lee's lawyer, told The Wall Street Journal: "It was easier just to shut him up and let him go." Full story...