Flash Survey: Throw The Book at Ernst & Young, Execs Say

Nearly half of business executives responding to a survey on Monday agree that New York's attorney general should go ahead with fraud charges against Ernst & Young. The Wall Street Journal on Monday reported that the accounting firm could face civil fraud charges in connection with its role in the 2008 collapse of investment bank Lehman Brothers. 498 executives from an array of industries participated in the survey, which was conducted by Argyle Executive Forum, a New York-based professional services firm. Fewer than a third of respondents (27.3 percent) say the New York attorney general shouldn't move ahead with charges, and another quarter (24.3 percent) say they aren't sure.

20 December 2010•1 min read
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