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Re: Traderfan post# 49660

Thursday, 08/26/2010 7:52:45 AM

Thursday, August 26, 2010 7:52:45 AM

Post# of 94785
SEC vs SAIC- An excellent point. I guess with accounts you can do what you want. The best, and it's not that good, it that they have a way a squirrelling it back to retain the value or other grey area otherwise we have to assume the accounting firm is complicit. Either way we are losing transparency.

I agree there's not a lot of sense going on. If the Chinese government wanted the money we should expect new intiatives in that area. Otherwise they don't want it or it's part of the endemic corruption - I can't believe they can't find out either.

rich

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