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Re: CanZen post# 32203

Friday, 06/03/2011 10:37:51 AM

Friday, June 03, 2011 10:37:51 AM

Post# of 34471
SEC going after Chinese auditors-expects prosecution-WSJ

I really hope DTT guys get killed here-they deserve it. The simple fact they signed off on 2009 numbers then waited for last minute to resign cost investors hundreds of millions. Simply them signing off on 2009 numbers they should be fined dramatically. Also, as Nussbaum said in his article- Chinese big auditors are resigning because of FEAR of the SEC and lawsuits. Nussbaum might be whatever but he is talking about ccme in that line. You can blame ccme of course too. However, in 2009 DTT tells ccme we need these 50 bank statements. they come back without warning in 2010 and says we need 200 statements. WCTBILLS said what dtt was asking for was not normal and unrealistic. All ccme said it needed more time.

No matter what 99% of all investors would not invest in ccme if DTT didnt sign off on 2009 numbers-
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