Auditors To the Investor Rescue ..

Discussion in 'Trading' started by Digs, Feb 11, 2008.

  1. Digs


    The balance sheets have junk on them...

    As shown by AIG.

    Eron/Auther Anderson disaster has set the standard for current auditors. The AIG case may have been hidden a few years ago.

    Watch out late March when companies report Q1 results, they have tough new auditing standards and there is a feeling that they have over 400M of sub prime junk on there books.