New Century’s Improper Accounting
Apparently, the accounting firms never learn. From Vikas Bajaj in the NYT:In a sweeping accusation against one of the country’s largest accounting firms, an investigator released a report on Wednesday that said “improper and imprudent practices” by a once high-flying mortgage company were condoned and enabled by its auditors….
Original Source: feeds.feedburner.com/CalculatedRisk
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