Relevant:
- Andrew Cuomo To File Fraud Charges Against Ernst & Young For Lehman Repo 105 Involvement
- NY Fed Under Geithner Implicated in Lehman Accounting Fraud Allegation
- Bank of America E-Mails Show Lehman, Not Merrill Was Buy Target
- New York Bank Probe Not Over Yet: Cuomo's Office
- Crux of the "Foreclosure Mess" (Explained By Chris Whalen)
2010-12-22 — nationalmortgageprofessional.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."
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