Exhibit 23.1
Consent of Independent Auditors
We consent to the use of our report dated February 20, 2003, included in the Annual Report on Form 10-K of Fog Cutter Capital Group Inc. for the year ended December 31, 2002, with respect to the consolidated financial statements, as amended, included in this Form 10-K/A.
| /s/ ERNST & YOUNG LLP | ||||
Los Angeles, California
July 30, 2003
