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Deloitte (large accounting firm) signed off on the independant auditor's report... summary here: http://www.zerohedge.com/news/2012-11-20/deloittes-2011-auto...

Is it just me, or does this kind of stuff scream "the system itself, allows massive fraud to occur" ?



Given the nature of the economic meltdown we had just a few years ago, I think the system allowing massive fraud to occur is a given. The question is, what can be done about it, short of letting it all burn and rebuilding from scratch?




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