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Tag: Lehman Brothers

Fraud Files: Is Ernst & Young to Blame in Lehman Bros. Fraud?

by on Dec.23, 2010, under Towing

Should Ernst & Young be held responsible for the bad actions of Lehman Brothers? New York Attorney General Andrew Cuomo, who Tuesday slapped the Big Four audit firm with civil fraud charges, thinks so. But it’s not an easy question to answer.

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Fraud Files: Is Ernst & Young to Blame in Lehman Bros. Fraud? originally appeared on DailyFinance on Thu, 23 Dec 2010 09:00:00.

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Stocks Climb Back to Their Pre-Lehman Disaster Level

by on Dec.21, 2010, under Towing

Stocks closed broadly higher Tuesday, helped by more deal activity in the financial sector and upbeat earnings from the tech sector. After more than two years, the market has regained all its losses following the implosion of Lehman Brothers in September 2008.

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Stocks Climb Back to Their Pre-Lehman Disaster Level originally appeared on DailyFinance on Tue, 21 Dec 2010 16:45:00.

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Ernst & Young May Face Fraud Charges in the Lehman Debacle

by on Dec.20, 2010, under Towing

Lehman Brothers

Accounting giant Ernst & Young is expected to face civil fraud charges by New York prosecutors over its alleged role in the spectacular collapse of Lehman Brothers. The lawsuit would mark the first time a Big Four accountant has been charged in regard to the financial crisis.

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Ernst & Young May Face Fraud Charges in the Lehman Debacle originally appeared on DailyFinance on Mon, 20 Dec 2010 10:10:00.

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Cost of Lehman Bankruptcy Nears $1 Billion

by on Oct.19, 2010, under Towing

Lehman Brothers bankruptcy fees are approaching $1 billion, making it the costliest in U.S. history.

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Cost of Lehman Bankruptcy Nears $1 Billion originally appeared on DailyFinance on Tue, 19 Oct 2010 06:45:00.

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Legal Briefing: SEC Wants to End Balance Sheet Manipulation

by on Sep.18, 2010, under Towing

The Securities and Exchange Commission has proposed rules requiring companies to disclose metrics that try to prevent balance sheet “window dressing”.

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Legal Briefing: SEC Wants to End Balance Sheet Manipulation originally appeared on DailyFinance on Sat, 18 Sep 2010 07:17:00.

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