FT points the Finger

but it’s the comments that give it away

as you can see, this is the FT view as posted last night.

perhaps they’ve written it because there’s an election coming up

Asleep at the Wheel

they have no chance of dictating terms – but maybe pangs of guilt around their role as enablers over the last few years are what have motivated them

i haven’t even read this column of theirs – merely glanced at it – the tone was so slow – but perhaps this is the right tone and pace for auditors to actually give it a read

Blame the System

Maybe the reason the people who are supposed to be guarding the economy against rampant fraud can’t read the room and clock that the public is sick of the corporate fraud mafia ruining it for everybody is because they’ve been trained not to notice – and to profit from it.

Credit Agencies were Bought Off

just as bitcoin and its underlying Blockchain are systems that can be trusted by people who trust noone – so too can auditors be relied on to rubber-stamp fraudulent companies as having clean bills of health – this is what caused the subprime crisis along with corrupt credit rating firms – and the fundamentals have never been corrected