PwC, the administrators of Lehman Brothers European arm, considers report criticising Lehman accounting and the bank's auditors Ernst & Young.
E&Y said it did not set up or approve repo arrangement
Pat Newberry in as president of the Management Consultancies Association
Regulator rejects auditor's offer
Bankruptcy report finds Lehman Brothers used UK-based arm to help US business undertake controversial transactions
Financial controller warned Lehman CFOs that transactions to improve its balance sheet had "no substance", report alleges
E&Y says Lehman's financial statements were "fairly presented"
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Hairy times for GuilfoyleThursday, 18 February 2010
Administrators expect a certain amount of stick when they're doing administrations or restructuring jobs...
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