What I would like to know is how the auditors crunch the same numbers, and audit the same inaccessible secret information on GE holdings in China?
Hmm, Perhaps GE is a fraud too?
For those babbling about no mention of shorts in the article, try connecting the dots. If the shorts had not shorted many of these China/US RM stocks en-mass to begin with, and then published the raging hit articles (Muddy Waters, Varian View, to name a few Alpha Seeking short attack paper writers), just when the annual reports were coming due (Note that the quarterly reports are not audited, only annuals), then the auditors would not have panicked and then asked for extra documents that could only be handed over by violating criminal statutes in China, and then the SEC would not have been bothered with this mass exodus of Auditors caused by CEOs refusing to violate criminal laws in China just to make overzealous auditors and the SEC happy. Don't you think the shorts like Muddy Waters and Varian View knew that trip wire was sitting there, and so they timed these attacks on high flyer stocks at just the right time, just before annual reports were coming due?
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