The Deal Desk

Episode 3

The balance sheet, and the fifty billion that vanished

How Lehman Brothers made its debt disappear every quarter end, and what that teaches you about the one equation that always holds.

First released 25 September 202611 minAI voices by Google GeminiDownload MP3 (8 MB)

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    Episode 25 Purchase price allocation and goodwill What happens to the price after the deal closes, and why goodwill can come back to bite.

    Releases on 17 October 2026 at 07:00, Rome time.

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