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

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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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Posted by on December 22, 2010. Filed under News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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