Earlier this year, DailyFinance explained that a Lehman Brothers bankruptcy examiner report outlining Lehman's use of a financial maneuver called repurchase agreements, or "Repo 105," to artificially dress up its financial quarterly reports was a "roadmap" to such charges. The bankruptcy examiner also alleged that Ernst & Young engaged in professional malpractice and negligence by failing to discount the use of Lehman's Repo 105 and for failing to handle a whistleblower complaint about its use from a senior Lehman vice president. Ernst & Young allegedly dropped the ball and never reported the whistleblower's allegations to Lehman's audit committee. An Illusory Financial Improvement New York prosecutors apparently picked up where the bankruptcy examiner left off and delved deeper into the Lehman and Ernst & Young relationship. The investment bank reportedly used Repo 105 between 2001 through 2008 -- a time when Ernst & Young collected roughly $100 million in auditing fees, according to the Journal report.