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Old 22nd September 2017 | 01:07
  #18 (permalink)  
Progress Wanchai
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Joined: Aug 2006
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From: The Cesspit
Originally Posted by betpump5
I'm not being funny but if I ran a company that had p1ssed away a few billion or worse, why on earth would I show the books (uncooked or otherwise) to an financial analyst whose purpose is to see whether I'm telling porkies??

I wasn't at the Focus Night but was this elephant in the room question asked?

Unfortunately I think the truth is more dire than some would like to believe. Hoping these muppets have the competence to pull off a major conspiracy and fraud is simply wishful thinking. The fact is they are muppets who had no more idea of where the price of fuel was heading than you or I. They gambled big simply because they can with no chance of personal loss but a 50 percent chance of personal gain in massive, unprecedented bonuses. There's nothing in the books worth hiding other than a 23 billion dollar embarrassment that the whole world knows and laughs about.

They aren't master criminals. They are incompetent.
But hey, if you can sleep easier thinking these people are brilliant then don't let me stop you.
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