PPRuNe Forums - View Single Post - Dubai Bankrupt?!?!
View Single Post
Old 24th Nov 2008, 07:33
  #46 (permalink)  
fractional
 
Join Date: Mar 2001
Location: The Palm
Posts: 702
Likes: 0
Received 0 Likes on 0 Posts
Auditors nowadays are "controllable" human beings.... They are not an independent org sent in by shareholders. Who pays the auditing job other than EK itself? Would they go against their pay-masters? Therefore, the numbers are as good as they make them look good . Let EK or EY or even other so protected institutions go public in the stock market... and we'll see their real value.
fractional is offline