Re: [ga] Fw: New Century Bankruptcy Examiner Says KPMG Aided Fraud

["Joe Baptista" <baptista@xxxxxxxxxxxxxx>]

On Wed, Mar 26, 2008 at 9:05 PM, <jwkckid1@xxxxxxxxxxxxx> wrote:

>
>  Isn't this [ KPMG ] ICANN's auditor of choice?  Bit
> concerning again?


Interesting.  KPMG are also the auditors involved in the UnifiedRoot scandal
over in Europe.  I think two members of KPMG in the Netherlands were also
investors in the UnifiedRoot scandal along with two directors from TMF Group
in the Netherlands.  A trust company of some reputation in the Netherlands.
The TMF Group directors are now or have been under investigation by the
dutch prosecutors office.

KPMG staff in the Netherlands have lied concerning questions raised
concerning the UnifiedRoot and INAIC.

regards
joe baptista



>
>
> -----Forwarded Message-----
> >From: TS Glassey <tglassey@xxxxxxxxxxxxx>
> >Sent: Mar 26, 2008 4:34 PM
> >To: ST-ISC@xxxxxxxxxxxxxxx
> >Subject: New Century Bankruptcy Examiner Says KPMG Aided Fraud
> >
> >Yeeee Ha!
> >
> >Subject: New Century Bankruptcy Examiner Says KPMG Aided Fraud
> >
> >
> >In case you haven't heard.
> >
> >
> >
> >New Century Bankruptcy Examiner Says KPMG Aided Fraud
> >
> >In the Enron debacle, one of the most disturbing disclosures was that
> Arthur Andersen's technical accounting experts were overruled by the
> engagement partners in Houston, allowing accounting decisions to be approved
> even though Andersen's experts knew they were wrong.
> >
> >Other auditing firms assured me that no such thing could happen on their
> watch.
> >
> >Today the bankruptcy examiner for New Century Financial - a subprime
> lender whose collapse just a year ago got the current mess going - is out
> with his report. Parts of it are reminiscent of the bad old days,
> pre-Sarbanes Oxley.
> >
> >
> http://www.bloomberg.com/apps/news?pid=20601103&sid=aXebBOZ3eBjQ&refer=news
> >
> >
> >
> >http://norris.blogs.nytimes.com/2008/03/26/when-auditors-cave/?hp
> >
> >
> >
> >
> >
> >
> >
> >This is the Information Security Committee listserv.  The Acceptable Use
> Policy for this list is located on the Committee's website:
>  http:\\www.abanet.org\scitech\ec\isc.  Your e-mail address will only be
> used within the ABA and its entities.
> >We do not sell or rent e-mail addresses to anyone outside the ABA.
> >
> >To change your e-mail address or remove your name from any future general
> distribution e-mails you can call us at 1-800-285-2221 or write to:
> >
> >   American Bar Association
> >   Service Center
> >   321 N Clark Street
> >   Chicago, IL  60610
> >
> >To unsubscribe send the following in the body of a message to
> >listserv@xxxxxxxxxx  - unsubscribe st-isc
> >
> >To review our privacy statement, go to
> >http://www.abanet.org/privacy_statement.html.
>
> Regards,
>
> Jeffrey A. Williams
> Spokesman for INEGroup LLA. - (Over 277k members/stakeholders strong!)
> "Obedience of the law is the greatest freedom" -
>   Abraham Lincoln
>
> "Credit should go with the performance of duty and not with what is very
> often the accident of glory" - Theodore Roosevelt
>
> "If the probability be called P; the injury, L; and the burden, B;
> liability
> depends upon whether B is less than L multiplied by
> P: i.e., whether B is less than PL."
> United States v. Carroll Towing  (159 F.2d 169 [2d Cir. 1947]
> ===============================================================
> Updated 1/26/04
> CSO/DIR. Internet Network Eng. SR. Eng. Network data security IDNS. div.
> of
> Information Network Eng.  INEG. INC.
> ABA member in good standing member ID 01257402 E-Mail
> jwkckid1@xxxxxxxxxxxxx
> Phone: 214-244-4827
>
>