2010-12-22nationalmortgageprofessional.com

"New York Attorney General Andrew M. Cuomo has filed a Martin Act lawsuit against Ernst & Young LLP, charging the accounting firm with helping Lehman Brothers Holding Inc. engage in an accounting fraud involving the surreptitious removal of tens of billions of dollars of fixed income securities from Lehman’s balance sheet in order to deceive the public about Lehman’s true liquidity condition."



Comments: Be the first to add a comment

add a comment | go to forum thread