Replies to post #193842 on DD Support Board and Research Team

[OMOLIVES]

:)..." That's one reason I only buy stocks audited by Big Fours"

Why do you think it's called the "Big Four"...lol. It used to be the "Big Eight"..then mergers.."six"...then mergers.... "5" ...then ENron....

Arthur Anderson was in the "Big Five"....aaannnnd so it goes.

[BullNBear52]

AA could have survived except for the fact that they were also consulting Enron as well. So the audit side just looked the other way and signed off on thinking outside the box.

But they were all doing it. Let's not forget KPMG was advising Orange County on that mess.