Let’s start with a thank you to New York Attorney General Eric Schneiderman, for keeping the 2008 financial crisis alive. Just as the problems that led to the Dodd-Frank Act were starting to fade from memory, last week Schneiderman lobbed in a reminder from the deep left field of memory, reaching a $10 million settlement with EY for its role in auditing the financial statements of Lehman Bros.—the bank that went bankrupt in September 2008 and caused so much of the crisis that followed.
