Object Lesson in Due Diligence

Discussion in 'Retail Brokers' started by stock777, Oct 18, 2005.

  1. The Refco site is still up in all its glory.

    Look it over, and see if you could have detected anything amiss.

    I doubt it.
  2. Dogfish


    The article doesn't mention the fact that the statements back to 98 were unreliable. They stated great health of the company's finances after the scandle - according to who? Probably true but no accountant was willing to vouch for that.
  3. I will be surprised if there is not quite a bit more to the story ....