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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (225980)2/7/2002 12:05:10 PM
From: gao seng  Respond to of 769670
 
Either every company that has an auditor that also provides consulting services for them has cooked books, or every company that has an exemption from the SEC that enables them to hide partnerships from the auditors has cooked books. I think the latter is more probable.

On auditing and consulting, I do not think that compromises independence of the auditor, however, I think that the appearance of independence has forever been tainted. All of the big 5 are now getting out of consulting.

This is good, because IMO, as consultants, they have done more harm than all the corruption in the Clinton admin could possibly do to our economy. Instead of reengineering companies around their strengths, they attempted to reengineer them around shrienk wrapped software packages. And a lot of times, they failed. When all of the healthcare providers were struggling a few years ago, it was because these big 5 consultants just walked out on them, after billing them millions of dollars, and leaving them without an information system at all.



To: DuckTapeSunroof who wrote (225980)2/7/2002 12:10:34 PM
From: Zoltan!  Read Replies (1) | Respond to of 769670
 
I referred to your arguments.

They weren't on point and cannot withstand analysis.

So like all your ilk, you started calling names - "Flat Earth Society" candidate. I could have one for you. I could call you a dimwit. Actually, I could call you a shill that aspires to be a dimwit.

You went out of your way to take the silly argument of the man who gave the exemption as "narrow" to be determinative. Gee, that shows a keen mind. What else would the guy say?
Message 17024307

All the others quoted in that NYTimes article essentially said the exemption was huge and made the Enron mess possible.



To: DuckTapeSunroof who wrote (225980)2/7/2002 12:17:17 PM
From: Zoltan!  Read Replies (1) | Respond to of 769670
 
This is another classic of "head in sand" "out of touch with reality" 'thinking':
Message 17021726
but then came
Message 17024101