| Friday, April 06, 2007 |
| that's business |
finally got to the last chapter of 'the accidental investment banker' written by Jonathan A.Knee. it is really an inspiring book which gave me alot incites on the so-called "professional services" the professions have been providing.
in the last 2 pages of the book, he said
"the favourite defense of executives in the recent corporate scandals from Enron to WorldCom - whose biggest victims were most often small investors and employees - is that they relied on their advisers: the accountants, the lawyers, the bankers. all of whom were paid to say only what they were told to say. and none of whom had a broad enough sense of their role and responsibility to say something different."
sometimes, i talked to mini-me and wondered if we, professional auditors, were trained to give a true and fair opinion or helping those stipud clients to fool the small investors. i doubt why so many dumpy business could get listed in these recent years, with all those shitty creative financial data printed in the handsomely designed prospectus. no body ever considers they were using money to exchange a piece of shit.
why?....mini-me....can u tell me why?
mini-me: "that's business" |
posted by tingfung @ 9:26 PM  |
|
|
|
|
|
