Donnerstag, 14. April 2011

NYT: In financial crisis, no major prosecutions

In late 2010, New York Attorney General Andrew Cuomo sued the accounting firm Ernst & Young, accusing it of helping Lehman Brothers 'engage in massive accounting fraud.' To date, however, no arm of government has sued Lehman or any of its executives on the same accounting tactic. New York Times: In aftermath of financial crisis, no senior executives of major financial institutions have been charged, and a collective government effort has not emerged.




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Source: http://pheedo.msnbc.msn.com/click.phdo?i=2cff6c4170a33dd1fe48b78f686a7c20

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