Massive blowup at HURN

[Guest kawikaho]

http://www.reuters.com/article/marketsNews/idINBNG45889420090803?rpc=44

 

Ouch.  Reminds me of SAY, the Indian IT consulting company that basically made up earnings the whole time.  When do these a$$holes ever learn?  Which also leads me to say that for all of the supposed visibility, accountability, and transparency in the U.S. markets, the past 10 years have not been kind to this notion.  I think the Chinese markets, without all of the benefits of an institution of the SEC *laughs*, have done better in corporate scandals.  Geezus. 

[watsa_is_a_randian_hero]

http://www.reuters.com/article/marketsNews/idINBNG45889420090803?rpc=44

 

Ouch.  Reminds me of SAY, the Indian IT consulting company that basically made up earnings the whole time.  When do these a$$holes ever learn?  Which also leads me to say that for all of the supposed visibility, accountability, and transparency in the U.S. markets, the past 10 years have not been kind to this notion.  I think the Chinese markets, without all of the benefits of an institution of the SEC *laughs*, have done better in corporate scandals.  Geezus. 

 

PWC was the auditor for both.  Coincidence?