Tuesday, March 16, 2010

EY potential liability from Lehman

Interesting NY Times article listed on the Daily Update from Securities Docket about potential liability that Ernst and Young might face from the Lehman case. It is more interesting from a learning viewpoint to go down the list of people who may have taken action or who did take action, whether or not they were required to, possibly including, for example, executive officers, internal audit, legal counsel, the auditors, regulators, compliance and ethics, etc.

http://nyti.ms/cFuHQm #