Yesterday I posted on the Satyam fraud – Satyam is an Indian outsourcing company. Pricewaterhouse Coopers is Satyam’s auditor. And because PwC missed the $1 billion elephant in the room, they might have a problem:
PwC said it was examining [Chairman and CEO] Raju’s statement but could not comment further due to confidentiality issues.
The fraud could cause problems for PwC. Since Satyam was listed in the US, investors can turn to the courts there for recompense, and there are legal precedents for holding auditors accountable.
I love the smell of litigation in the morning.
¡ANDREW! • Harris-Kelly ’24 Happy Labor Day to all the Losers and the Suckers and the Haters MERRY CHRISTMAS!!!
NOJO • Harris-Kelly ’24 For the record, Tim Walz does what I wanted Mark Kelly to do, but probably a lot better.
FLYINGCHAINSAW • Harris-Kelly ’24 PERFECTION! Bumper Sticker: HARRIS GIVES GOOD GURNEY!
NOJO • Harris-Kelly ’24 I know, getting ahead of the game here — and Gabby has the only vote — but let’s go down…
FLYINGCHAINSAW • Campaign 2024 Update 2024 General Election = White Power Vs. White Genocide The MAGAs will soon be opening fire on…
NOJO • Campaign 2024 Update Whatever table it was, just remember you didn’t have a seat at it.
NOJO • A Nation of Immigrants @nojo: Okay, here’s a thought: They broke it, they bought it.
FLYINGCHAINSAW • A Nation of Immigrants https://gettr.com/post/p38v9kc47ae
NOJO • A Nation of Immigrants @nojo: No original thoughts about the Democratic circus right now, for example, other than christ,…
NOJO • A Nation of Immigrants @Burr Deming: I may be back more often if he’s back. Right now anything I might say is just…