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cpanet
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| Posted: 14 Mar 2010 at 00:55 | IP Logged
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Here's more...
= Could Lehman be Ernst & Young's Enron?
= Report Finds Lehman Used Accounting Tricks
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cpanet
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| Posted: 18 Mar 2010 at 00:24 | IP Logged
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more salt in the wound...
= RT @: Schapiro: Lehman Oversight Fell Short
(via @)
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one00proof
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| Posted: 18 Mar 2010 at 10:30 | IP Logged
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The Big 4 have gotten to the point where they are too big
to fail (the government will not allow it) unless one of
the firms just does something blatantly stupid. Right now,
E&Y is just playing dumb, so unless something comes out
that shows they knew and chose to ignore it for monetary
reasons, this is just one they'll sweep under the carpet.
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Donald11
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| Posted: 18 Mar 2010 at 13:22 | IP Logged
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I don't think the Big 4 are too big to fail. They are not banks and we do not depend on them for our credit market. I think the govt. would let one of them fail in a heartbeat.
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fla_examer85
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| Posted: 18 Mar 2010 at 13:48 | IP Logged
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Donald11 wrote:
| I don't think the Big 4 are too big to fail. They are not banks and we do not depend on them for our credit market. I think the govt. would let one of them fail in a heartbeat. |
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I don't think "failing" is the issue we are discussing with the Big 4. More so, I think they are too large for the government to basically destroy them because of a few bad seeds or offices. It wouldn't make sense.
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Topic: Is E&Y The New Arthur Andersen?
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