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Old 16th Feb 2011, 11:28
  #13 (permalink)  
Schibulsky
 
Join Date: Apr 2007
Location: HKT
Age: 64
Posts: 225
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Auditors?

Hi O'pop...are we talking about the same
Price Waterhouse Coopers (the worlds oldest, largest and most respected of financial auditors)
The ones that couldn't figure out Madoffs's ponzi scheme? PricewaterhouseCoopers May Face Madoff Audit Liability - THE BIZOP NEWS
"Thirteen years of yearly audits PWC, and Fairfield still couldn't find out that the data was faked?"
or these guys?
PwC Settles Tyco Investors' Suit Over Fraud - washingtonpost.com
"PricewaterhouseCoopers agreed to pay $225 million to settle a class-action lawsuit brought by shareholders of Tyco International over a multibillion-dollar accounting fraud that ended with Tyco's top executives going to prison."
or these guys working a bit closer to Dubai?
PwC auditors 'ignored' Satyam fraud for fees - Times Online
"The bureau alleged that PriceWaterhouse received several times the market rate for the work that it carried out for Satyam."

...I am pretty sure EK gets the best auditor "money can buy"
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