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Free Republic is not free. It costs Jim Robinson tens of thousands of dollars to keep this forum running. There are almost 80,000 registered users on Free Republic and approximately 1,000 Freepers help keep this forum running. Those who do not have the ability to donate money could help by bumping the threads once in a while. I've been in a position where the funds were low and every penny was needed to pay for frivolous things such as food. Those who do have the means should be ashamed of yourselves. You are a FReeploader. Go ahead, flame me. I don't care. I contribute to Free Republic, and I for one do not want to see this forum dead.
If everyone who registered donated one measly dollar a month, we would never have to have a fundraiser again. Thus ending the silly graphics and posts. But, it's not happening, so we will continue this annoying process until we reach our goal.
Because The Constitution Still Matters - Freepathon Thread 2
Thats a joke. Its taken my company years to get rid of those Andersen warts. Their reputation has been tarnished in recent years as Andersen has lost some high profile lawsuits. Most of these are regarding the failure to deliver what was promised because they sell people on the notion that their work will be done by experienced consultants when in fact its just overworked novices out of college who don't know a damn thing. Furthermore, Andersen has become famous for the "Neverending Project" which of course is accompanied by overcharging and neverending fees.
Andersen has had a sleazy reputation for over a decade, with clients such as Waste Management Executives going to jail and Andersen paying huge fines for signing off on proven, documented FRAUD. Then Andersen got busted at SunBeam. Then Andersen got busted at Global Crossing, Enron, O'Neil Steel, etc.
And there's more to this story than merely losing a few clients...
Here in Alabama, SouthTrust Bank is hammering the heck out of Andersen. Either Andersen cuts its rates in HALF, or else they lose SouthTrust. Wallace Malone is famous for using leverage to squeeze out better pricing, and in this case he knows that Andersen has to play ball.
Now, if some small regional Alabama bank is busting Andersen's chops over their rates, rest assured that many of the other clients who are keeping Andersen on board as their auditor are doing likewise.
So Andersen isn't just losing clients and marketshare, it's also losing its profit margin on its remaining clients (at least those clients with enough business sense to know when to cut a better deal on pricing).
But that part of the story hasn't been covered in the article above...