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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Crimson Ghost who wrote (68134)9/6/2007 2:07:18 AM
From: elmatador  Read Replies (1) of 116555
 
Accountants don't give Signs Of An Impending Crisis, do they? All we have to do is to try to get the to know what is going on behind the figures.

You live by the numbers? You die by the numbers. What do you think I keep doing in my thread?

I keep try explaining to people to keep their eyes open for tricks behind the established "truths".

As you have seen in the Enron and other major cases where people can be mislead into throw money away. Also look to the US government trying to keep control of the accountants using Sarbannes-Oxley, a device that per se, causes more trouble than control.

Do you remember Arthur Andersen debacle and fall from grace? I haven't forgot.
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