InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,446.00
(
2.17%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
64,395.14
(
0.79%
)
Post# of 2533
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

roiresearch

Send PM Follow Ignore
Followers 230
Posts 15196
Boards Moderated 0
Alias Born 03/30/2005

roiresearch

Re: None

Tuesday, 03/07/2017 3:12:07 PM

Tuesday, March 07, 2017 3:12:07 PM

Post# of 2533
Lynn Turner, a former chief accountant at the U.S. Securities and Exchange Commission and the administrator's first witness, testified that PwC made an "incorrect certification" of MF Global's financials by treating the European debt and tax matters improperly.

"Did PwC do their job?" Steven Thomas, a lawyer for the administrator, asked him.

"No, I don't believe so," Turner answered.

The case is MF Global Holdings Ltd as Plan Administrator v PricewaterhouseCoopers LLP, U.S. District Court, Southern District of New York, No. 14-02197.

http://www.reuters.com/article/us-mfglobal-pwc-idUSKBN16E2CH

the above is all IMHO (consider this my safe harbor statement)

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up