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digidix
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« Reply #30 on: December 22, 2010, 12:09:38 PM »

Seems like the Americans are after one of our other company, this time accountants Ernst and Young
http://www.bbc.co.uk/news/business-12057170
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Thermalsig
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« Reply #31 on: December 22, 2010, 12:18:31 PM »

Seems like the Americans are after one of our other company, this time accountants Ernst and Young
http://www.bbc.co.uk/news/business-12057170
So, anyone should be free from the courts as long as their British? tongue2


It seems like it's spreading around the globe.  Wink
http://www.nydailynews.com/money/2010/05/17/2010-05-17_greece_may_consider_suing_us_investment_banks_for_their_role_in_debt_crisis.html
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digidix
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« Reply #32 on: December 22, 2010, 12:24:10 PM »

Seems like the Americans are after one of our other company, this time accountants Ernst and Young
http://www.bbc.co.uk/news/business-12057170
So, anyone should be free from the courts as long as their British? tongue2


It seems like it's spreading around the globe.  Wink
http://www.nydailynews.com/money/2010/05/17/2010-05-17_greece_may_consider_suing_us_investment_banks_for_their_role_in_debt_crisis.html

Not in the slightest, but I can't figure out why they want to sue E&Y when it was Lehman's fault for taking such risks
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Thermalsig
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« Reply #33 on: December 22, 2010, 12:33:08 PM »

Not in the slightest, but I can't figure out why they want to sue E&Y when it was Lehman's fault for taking such risks
Because they were the accountants?  scratchhead  Roll Eyes
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digidix
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« Reply #34 on: December 22, 2010, 12:43:36 PM »

Not in the slightest, but I can't figure out why they want to sue E&Y when it was Lehman's fault for taking such risks
Because they were the accountants?  scratchhead  Roll Eyes

What has that to do with it? Lehmans took the risk, not E&Y, what goes on inside Lehman's has nothing to do with E&Y unless they can prove that Lehman was doing something illegal
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Wooster
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« Reply #35 on: December 22, 2010, 04:42:08 PM »

Did anyone see the related article on Wall Street's biggest losers?
http://www.nydailynews.com/money/toplists/wall_streets_biggest_losers/wall_streets_biggest_losers.html

It's not as if the bastards have been left on the breadline*.






*apart from millions of those at the bottom of the list. confused
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Thermalsig
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« Reply #36 on: December 23, 2010, 02:04:19 AM »

Not in the slightest, but I can't figure out why they want to sue E&Y when it was Lehman's fault for taking such risks
Because they were the accountants?  scratchhead  Roll Eyes

What has that to do with it? Lehmans took the risk, not E&Y, what goes on inside Lehman's has nothing to do with E&Y unless they can prove that Lehman was doing something illegal
Are you at all familiar with how finance works? Accountants sign off on and verify the value and and validity of the assets of a portfolio. If you don't understand how accounting works and how they are are liable for some of the guilt in the transactions, then you really can't comment. Maybe you just need to do some research on the subject matter. smile Next year, file a large amount of fraudulent tax claims and try to get your accountant to sign off on them. My guess is that if he's honest, he'll tell you to get lost. The correlation is not at all vague. Wink
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« Reply #37 on: December 23, 2010, 09:38:29 AM »

Oh!  ohmy

Thanks for reminding me, I think I have my tax return to do before the end of the month.
They should have sent out a reminder but it might be lost in the post. confused
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