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#2
posted to rec.boats
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Gas getting higher.
On Tue, 01 Mar 2011 08:28:08 -0500, Harryk
wrote: Surely you are not trying to let the so-called "Wall Street financial community" off the hook for its major role in bringing down our economy. Assuming that you are talking about the recent collapse of the housing market, the financial community was absolutely one of the major facilitators. There's lots of blame to go around however, starting with misguided government policy which got the whole thing rolling. No one was complaining when the party was in full swing. People will be writing books about it for a long time to come, just like the great depression of the 1930s. |
#3
posted to rec.boats
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Gas getting higher.
On 3/1/11 9:04 AM, Wayne.B wrote:
On Tue, 01 Mar 2011 08:28:08 -0500, wrote: Surely you are not trying to let the so-called "Wall Street financial community" off the hook for its major role in bringing down our economy. Assuming that you are talking about the recent collapse of the housing market, the financial community was absolutely one of the major facilitators. There's lots of blame to go around however, starting with misguided government policy which got the whole thing rolling. No one was complaining when the party was in full swing. People will be writing books about it for a long time to come, just like the great depression of the 1930s. I'm talking about the on-going collusion between the wall street banks, brokers, investment bankers, accounting firms, et cetera, and corporations, and, of course, the collapse of the housing market. Among other things, itt seems to be getting rarer and rarer to see a CPA firm "quit" a client over accounting disputes. That means that the CPA firms are in fear of losing their clients, not that they are doing the tough job they should be doing. About 10 years ago, a former client of mine got into a dispute with its big accounting firm. After three months of arguing, the accountants said they would have to put a fairly derogatory note in the annual statement. There was a lot of pressure on both sides. The CPAs ended up by resigning the account. The "new" CPAs were far more compliant. |
#4
posted to rec.boats
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Gas getting higher.
On 3/1/2011 9:41 AM, Harryk wrote:
On 3/1/11 9:04 AM, Wayne.B wrote: On Tue, 01 Mar 2011 08:28:08 -0500, wrote: Surely you are not trying to let the so-called "Wall Street financial community" off the hook for its major role in bringing down our economy. Assuming that you are talking about the recent collapse of the housing market, the financial community was absolutely one of the major facilitators. There's lots of blame to go around however, starting with misguided government policy which got the whole thing rolling. No one was complaining when the party was in full swing. People will be writing books about it for a long time to come, just like the great depression of the 1930s. I'm talking about the on-going collusion between the wall street banks, brokers, investment bankers, accounting firms, et cetera, and corporations, and, of course, the collapse of the housing market. Among other things, itt seems to be getting rarer and rarer to see a CPA firm "quit" a client over accounting disputes. That means that the CPA firms are in fear of losing their clients, not that they are doing the tough job they should be doing. About 10 years ago, a former client of mine got into a dispute with its big accounting firm. After three months of arguing, the accountants said they would have to put a fairly derogatory note in the annual statement. There was a lot of pressure on both sides. The CPAs ended up by resigning the account. The "new" CPAs were far more compliant. I'm sure any client who would use your services would also need a very compliant CPA firm. |
#5
posted to rec.boats
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Gas getting higher.
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#6
posted to rec.boats
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Gas getting higher.
I'm sure any client who would use your services would also need a very compliant CPA firm. That is if you actually believe Harry's bull****. Has he ever given you cause to doubt his word? Besides, Paul would vouch for him. |
#7
posted to rec.boats
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Gas getting higher.
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#8
posted to rec.boats
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Gas getting higher.
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#9
posted to rec.boats
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Gas getting higher.
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#10
posted to rec.boats
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Gas getting higher.
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