|12-20-2010, 02:39 PM||#1 (permalink)|
Join Date: Aug 2008
Wall Street lies
You wonder if someone could see Lehmann's demise coming.
Yes, someone did. Auditors lied.
It is likely that the auditing firm will rename itself after the case is over and will continue operating. No real accountability.
Ernst & Young Faces Fraud Charges - WSJ.com
Wall Street needs transparency and ethics.
The worst of all is that the solution to the problem is to add more problems, and leave a legacy of debt to the future generations.
Debt Pyramid Scheme Now the Norm in U.S.: Roger Lowenstein - Bloomberg
Last edited by ar81; 12-20-2010 at 03:04 PM.
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