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It's all Fmr12Bs fault and scum like him! :p

I sat next to some accountants once on a plane and it came up that they had just finished an audit of a companies books. When I pointed out that they were being paid by the very company they were auditing, one got defensive and the other fessed up that it probably is a conflict of interest. But what is the alternative...government funded auditing of every company's books. Talk about panic. We are just finding out now what big business has been doing for years. The stock market was overinflated beyond reason anyway. This is a good adjustment and eye opener for the average Joe that accountants and CEOs lie, and that stock broker gets a big commission by pushing that mediocre stock...and is likely to get fired if he tells the truth about stinker stocks.