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Politics : Sharks in the Septic Tank -- Ignore unavailable to you. Want to Upgrade?


To: The Philosopher who wrote (52807)7/10/2002 5:46:43 PM
From: average joe  Respond to of 82486
 
"Another aspect of that philosophy is that corporate directors can get by with saying that they hired auditors who claimed to comply with all the government regulations, and that's the end of their responsibility."

The old guard never made the transition to the info age. With not enough safe guards in place to protect against computer age gambling and impressed by the initial profits the kids ruled the school.

cfo.com

"Whereas if they had to take an active role in setting the accounting standards, and risk being sued if they set inappropriate standards or chose dishonest auditors, we might get some return to responsible corporate governance."

Shakespeare said it best..

Excerpts from The Breath of an Unfee'd Lawyer

Ambulance Chasing
Like greyhounds at the slips, straining upon the start
- Henry V -III, i

Clients - Hearing the Meter Ticking
Every minute now
Should be the father of some strategem
- 2 Henry IV -I, i

Court System
'Tis like the forc'd gait of a shuffling nag.
- 1 Henry IV - III, i

Internal Revenue Code
Was ever a book containing such vile matter
So fairly bound?
- Romeo and Juliet - II, iv

catbirdpress.com