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To: Fishtalk
You're speculating that the accounting firm may have been bribed? Literally bribed, not just covered up a little to keep the account?
175 posted on 01/12/2002 8:59:24 AM PST by LoisHunt
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To: LoisHunt
You're speculating that the accounting firm may have been bribed? Literally bribed, not just covered up a little to keep the account?

Lois....yes. With emphasis on the word "speculating". Obviously I have no proof of such a thing. But there is no way those entries moving assets to "partnerships" at inflated valuations and booking the differance as "gains on sale" could have been overlooked by the dumbest accountant in the universe. *I* would have spotted such a thing and quite frankly, *I* would have refused outright to make such an entry and this as an accountant for the company! How on earth could a huge CPA firm not see this? NOT possible.

Add to this the convenient destruction of all Enron documentation by AA.....go on. By me, it HAD to be an outright bribe and nothing less.

Yeah, Lois, accounting firms do "cover up" things a bit at times to keep their clients. But NEVER on this grand a scale. It's so....so.... OBVIOUS. I'm standing on my allegation that this was a direct money-changing-hands transaction, bribery in the first degree. It could not possibly be an innocent oversight. Enron paid AA almost 25 million in auditing fees...perhaps a few million of that an incentive for them to cook the books.

I could be wrong but I totally think not.

177 posted on 01/12/2002 9:08:41 AM PST by Fishtalk
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