That piece ran after Enron—in 2002.
I’m not sure why the Times doesn’t mention Ernst & Young, Lehman’s accountant. It seems like they’ll have yet another problem on their hands here.
We’ve noted that the shadow-banking system has pretty much fallen off the regulatory-reform radar. With today’s Lehman story and Friday’s fantastic ProPublica piece on Magnetar, that ought to change.
These stories show the press leading, which is great to see.

Ryan,
Maybe Louise Story left it to me to write about EY with regard to the Hudson Castle issue. I'd better get to work...
:)
#1 Posted by Francine McKenna, CJR on Tue 13 Apr 2010 at 10:27 AM