GLUV Corp (fka GVRP)

[BullNBear52]

Settlement was probably a poor choice of words as they had no choice after the conviction. AA's problems began with Waste Management. After we got po'd at KPMG we took a look at AA and saw their history with WMI. We were merging with an EY customer so we went with them and chucked KPMG.

As far as AA is concerned you're right about the Supreme Court decision. It will go back to the trial court to either be retried (why throw good money after bad) or AA can bitch and moan to their hearts content. Either way they won't be doing business for a while here.

The end result is still the same and what accounting firms have been slammed about with mixing auditing with consulting. I've seen the same BS happen with my company and told the KPMG consultants to go screw. They weren't borrowing my watch to tell me what time it was. I knew damn well that the consultants had already seen the audit. What a frigging joke.

Bottom line is CPAs are a dime a dozen. How the hell WorldCom hired this idiot to run their company's financials is a mystery to me.

Scott Sullivan
Education: B.S., Accounting, Oswego State University

lol.