What is the FIFO method - deployed to compute capital gains tax on the sale of mutual funds?

FIFO indicates first in first out which means the mutual fund units bought first are sold first. Based on this phenomenon, ...

Understanding Repo 105: Lehman's Accounting Loophole Exposed

Learn how Repo 105 allowed Lehman Brothers to hide debt during the financial crisis, what this accounting tactic involved, and how it prompted regulatory changes.