Auditors To the Investor Rescue ..

The balance sheets have junk on them...

As shown by AIG.

USA...
Eron/Auther Anderson disaster has set the standard for current auditors. The AIG case may have been hidden a few years ago.


Japan..
Watch out late March when companies report Q1 results, they have tough new auditing standards and there is a feeling that they have over 400M of sub prime junk on there books.
 
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