My colleague here at Texas, John McInnis, just sent around an interesting email to the UT faculty. I thought I’d share it more broadly. He raises an interesting question..

 

The web is a abuzz with the release of the Lehman Brothers post-mortem by the Bankruptcy Examiner yesterday.  I wasn’t aware of potential accounting gimmicks:

 http://www.economist.com/business-finance/displaystory.cfm?story_id=15695099

 Many are starting to question EY’s role.  I offer no judgments, but thought some might find it interesting.