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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
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To: maceng2 who wrote (751)7/29/2003 4:06:18 PM
From: Yogizuna  Read Replies (1) of 48092
 
>>> The report states that Parseghian was assured by Arthur Andersen, then Freddie's auditor, that the transactions were allowed, that they followed the letter of accounting standards. Within the rules or not, it doesn't make much difference. The intent was to deceive investors, and for that, everyone involved ought to take a fall. <<<

Yes, definitely. He should resign immediately, but of course these days, most people have little or no shame unfortunately.
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