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The Auditors are Coming

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Yak
Resident Philosopher



Joined : 10 Dec 2007
Posts : 827
Location : Yaksylvania

PostSubject: The Auditors are Coming   Tue 1 Jul - 7:59
Finally.

Bush held off attempts by the International Monetary Fund to examine the US financial system as long as he could. When this was no longer possible, his condition was that the audit couldn't start until his final year in office, and the results couldn't be published while he was still president.

This is front page news in Germany.

Gabor Steingart wrote:
As part of the assessment, the Fed, the Securities and Exchange Commission (SEC), the major investment banks, mortgage banks and hedge funds will be asked to hand over confidential documents to the IMF team. They will be required to answer the questions they are asked during interviews. Their databases will be subjected to so-called stress tests -- worst-case scenarios designed to simulate the broader effects of failures of other major financial institutions or a continuing decline of the dollar.


http://www.spiegel.de/international/world/0,1518,562291,00.html

What a Face
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Justpipes
The Duke



Age : 50
Joined : 17 Dec 2007
Posts : 3726
Location : American by birth, Southern by the grace of God!
Tobacco : John Middleton Walnut, Prince Albert, GLP Cumberland, Recently Exhausted Rooster.
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PostSubject: Re: The Auditors are Coming   Tue 1 Jul - 10:51
It's all Bush's fault anyway, along with every other problem around the globe including global warming which has been scientifically proven to have started in the year 2000.

Just think all of the world's problems will be over just in time for Christmas and the new year. Have hope! Change is coming.
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"Man is the only religious animal. In the holy task of smoothing his brother's path to the happiness of Heaven, he has turned the globe into a graveyard."

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Nick




Joined : 04 Apr 2008
Posts : 81

PostSubject: Re: The Auditors are Coming   Tue 1 Jul - 12:25
Hehehehe!
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The Auditors are Coming

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