Going hand in hand with the that Stephen put up, a very popular method of leaning out back in the 50's and 60's, before the bodypart splits got real popular was circuits and or PHA style training. PHA-peripheral heart action. These were simply circuits rotating from lower to upper body, done one right after the other with minimal rest, in the 8-15 rep range, intensities varied with the reps. A very simple example would be ciruit one. Squats, rows, glute hame raise, DB bench press, abs. Do 2-3 rounds, just resting long enough to catch your breath between rounds. Circuit 2 (if you choose to do another might be RDL, overhead press, abs, Chins. These are just examples. Done this way it tends to expend a lot of energy (which fits in quite nicely with diet to nfluence fat loss. Plus done in this quick fashion, it also tends to have a cardio vascular effect: hence the name peripheral heart action.
I would go with this option. BTW, from what I read, another benefit of pairing up a big upper body ex and a big lower body ex is that it is very inefficient (which is what you want when burning fat).
One problem i have with the article that Stephen posted is that there are too many "little bang for your buck" exercises like leg extensions etc. Fat loss programs must focus on the big moves. I would avoid isolation work completely during a fat loss phase.