NEW YORK ( TheStreet) -- The details of how Lehman Brothers(LEHMQ.PK) failed were released late Thursday in a massive 2,200 pp. report from law firm Jenner & Block, the bankruptcy examiner in the case. >>>Click here to read the report And while the days ahead are sure to yield revelations galore about exactly how the largest bankruptcy in U.S. corporate history came to pass, the summary conclusion seems to be that there's plenty of blame to go around. "There are many reasons Lehman failed, and the responsibility is shared," the report states. "Lehman was more the consequence than the cause of a deteriorating economic climate." Of the conduct of Lehman executives, the findings were fairly harsh in criticism. The report says their conduct ranged from "serious but non-culpable errors of business judgment to actionable balance sheet manipulation," but it also lumps government agencies and the investment bank business model in with the executives as parties who "exacerbated" the situation. Getting the most attention so far on Friday is 'Repo 105,' an aggressive accounting treatment used by Lehman as far back as 2001. Repo 105 describes Lehman's efforts to hide tens of billions worth of assets at the end of each quarter by selling them with an obligation to buy them back a few days later. Lehman hid more than $50 billion worth of assets from investors in its second quarter 2008 10-K, but it capped the size of Repo 105 transactions at $17 billion in July 2006, according to the Jenner & Block report. Also, through a related deal known as Repo 108, Lehman hid another $5 billion. The revelations in the report also link Lehman to both Greece and Enron, two other entities that notoriously hid massive debts from investors and the public through tactics that were questionable, if not illegal. There are also plenty of details about efforts of Lehman executives to bring Warren Buffett and Berkshire Hathaway ( BKR.A) into the mix with a multi-billion investment, as well as its dealing with South Korean government-owned Korea Development Bank, which was rumored to be interested in making an investment in Lehman late in the summer of 2008. Stay tuned. -- Written by Michael Baron and Dan Freed in New York.