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rru2s

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rru2s

Re: Traderfan post# 77439

Monday, 04/04/2011 10:04:02 AM

Monday, April 04, 2011 10:04:02 AM

Post# of 94785
CCME: Maybe no auditor wants to touch them, and the CEO has enough hidden shenanigans that he refuses to agree to hire a firm to do a full forensic audit. It isn't necessarily a foregone conclusion that the company's revenues would have to be 50 percent falsified, if the CEO is guilty of some degree of malfeasance and realizes he might very likely go to jail if everything is revealed. Since he won't walk the plank, he decides instead to sink the entire ship.
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