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.
NOJO • Tom Lehrer, 1928-2025 @ManchuCandidate: Summer definitely disappeared.
MANCHUCANDIDATE • Tom Lehrer, 1928-2025 BTW, has your favorite fundies gone to Ratpure?
MANCHUCANDIDATE • Tom Lehrer, 1928-2025 Come on dude shut your mouth. Shut your mouth Never like to hear I take bribes Won't you please…
BURR DEMING • Tom Lehrer, 1928-2025 Thank you for this, nojo. He was a wonderful talent and, by all accounts, a wonderful human…
NOJO • Tom Lehrer, 1928-2025 Oh, and there’s a Catholic church across the street. Maybe I can do a little dance for them!
NOJO • Tom Lehrer, 1928-2025 Now that I’m in NYC, plenty of pigeons to poison in his honor.
NOJO • All the Vice President's Men 2025 update: Nothing happened. And here we are!
MANCHUCANDIDATE • Weeping Angel Imagine going from hope to Fascism in less than two decades enabled by greedy ass (millionaire)…
NOJO • Nightmare at the Museum From the last time he threatened to bomb Iran, 2020. Remember that one? All a misty blur now.
NOJO • TRUMP TARIFFS UNLEASHING FURY OF CANADIANS - AND THEIR LEGENDARY SNIPERS! @ManchuCandidate: I have birthright citizenship in Cascadia, so I think I’m good.