Exhibit 23.3


                         Consent of Independent Auditors


We consent to the reference to our firm under the caption "Experts" and to the
incorporation by reference in this Registration Statement (Form S-3) and related
Prospectus of Leucadia National Corporation for the registration of 400,000 of
its common shares, of our report, dated February 20, 2004, with respect to the
financial statements of Berkadia LLC for the year ended December 31, 2003,
incorporated by reference in the Leucadia National Corporation 2003 Form 10-K,
filed with the Securities and Exchange Commission.



                                           /s/ Ernst & Young LLP


Phoenix, Arizona
July 21, 2004