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« "5 myths about U.S. defense spending" | Main | Nick Kristof isn't (yet) as bad as Krugman . . . »

November 27, 2012

A whole *lot* of firms screwed up

Discussion of HP's Autonomy disaster. The culpable parties appear to be, among others, Deloitte, Perella Weinberg, and Barclays.


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I knew a friend of a friend who was a good accountant who worked for a firm ultimately absorbed into Deloitte. During one evening of conversation, he talked about how accountants examine books: by checking the numbers and never, ever asking if such numbers are accurate or even possible.

I'm surprised you haven't mentioned the NYT article on Dragon, Goldman Sachs, and Lernout & Hauspie. Or did I miss your mention?

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