N.Y. sues Ernst & Young in Lehman Brothers probe

individual: 8 numChar :2240 –> TOTAL ELEMENTS IN ARRAY: 12 TOTAL CHARACTERS IN ARRAY: 3087 TOTAL CHARACTERS IN PAGES: 2240 LAST PAGE CONTAINS: 847 –> –> NEW YORK New York’s attorney general is suing accounting giant Ernst & Young, accusing it of helping defunct investment bank Lehman Brothers hide billions of dollars in debt from investors even as it teetered on the brink of financial collapse. The civil lawsuit, filed by Attorney General Andrew Cuomo on Tuesday, days before he’s due to be sworn in as the state’s governor, marks the first government legal action stemming from the collapse of Lehman Brothers, one of the first milestones of Wall Street’s 2008 meltdown. It targets a practice…
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N.Y. sues Ernst & Young in Lehman Brothers probe

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on December 22, 2010. Filed under
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