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Re: [ga] Fw: New Century Bankruptcy Examiner Says KPMG Aided Fraud
- To: ga@xxxxxxxxxxxxxx
- Subject: Re: [ga] Fw: New Century Bankruptcy Examiner Says KPMG Aided Fraud
- From: jwkckid1@xxxxxxxxxxxxx
- Date: Thu, 27 Mar 2008 07:57:04 -0700 (GMT-07:00)
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<P>Dr. Joe and all,</P>
<P> </P>
<P> Thanks Dr. Joe for the brief review of KPMG's sorted history of
the past several</P>
<P>years [ nearly a decade now]. Of course we all remember Karl's
successful </P>
<P>suit regarding ICANN's funding inaccuracies and the beginnings of ICANN </P>
<P>al la Vint Cerf, John Palmer, and the infamous George Soros circa
1998-99, </P>
<P>now don't we! But that was back in the gTLD-MOU days and as you may</P>
<P>recall one of the current ICANN Bod members working for NSOL at the</P>
<P>time deleated that EM lists archives, however I still have a full archive
in</P>
<P>a very safe place! >:)</P>
<P> </P>
<P> In any event, I am forwarding your review reply back to the ABA</P>
<P>security list as an FYI and perhaps future refrence if and/or when</P>
<P>needed accordingly.</P>
<P> In closing, and as an off the cuff remark or observation, for the
life</P>
<P>of me, I cannot understand how and/or why KPMG, one of the big</P>
<P>four auditing firms, is allowed to remain in business. I can only</P>
<P>suppose they do, due to their substantial political clout or other</P>
<P>skeletons they know of in others closets to use as what is discribed</P>
<P>in legal parlance as "leverage" in their lobbying cadre on "K" street</P>
<P>in D.C., eh? In any event I wouldn't touch do any business with </P>
<P>KPMG under any circumstances ever!</P><BR><BR><BR>
<BLOCKQUOTE style="PADDING-LEFT: 5px; MARGIN-LEFT: 0px; BORDER-LEFT: #0000ff
2px solid">-----Original Message----- <BR>From: Joe Baptista
<BAPTISTA@xxxxxxxxxxxxxx><BR>Sent: Mar 27, 2008 5:59 AM <BR>To:
jwkckid1@xxxxxxxxxxxxx <BR>Cc: ga@xxxxxxxxxxxxxx <BR>Subject: Re: [ga] Fw: New
Century Bankruptcy Examiner Says KPMG Aided Fraud <BR><BR> <BR><BR>
<DIV class=gmail_quote>On Wed, Mar 26, 2008 at 9:05 PM, <<A
href="mailto:jwkckid1@xxxxxxxxxxxxx";
target=_blank>jwkckid1@xxxxxxxxxxxxx</A>> wrote:<BR>
<BLOCKQUOTE class=gmail_quote style="PADDING-LEFT: 1ex; MARGIN: 0pt 0pt 0pt
0.8ex; BORDER-LEFT: rgb(204,204,204) 1px solid"><BR> Isn't this [ KPMG ]
ICANN's auditor of choice? Bit<BR>concerning again?</BLOCKQUOTE>
<DIV><BR>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.<BR><BR>KPMG staff in
the Netherlands have lied concerning questions raised concerning the
UnifiedRoot and INAIC.<BR><BR>regards<BR>joe baptista<BR><BR> </DIV>
<BLOCKQUOTE class=gmail_quote style="PADDING-LEFT: 1ex; MARGIN: 0pt 0pt 0pt
0.8ex; BORDER-LEFT: rgb(204,204,204) 1px solid"><BR><BR>-----Forwarded
Message-----<BR>>From: TS Glassey <<A
href="mailto:tglassey@xxxxxxxxxxxxx";
target=_blank>tglassey@xxxxxxxxxxxxx</A>><BR>>Sent: Mar 26, 2008 4:34
PM<BR>>To: <A href="mailto:ST-ISC@xxxxxxxxxxxxxxx";
target=_blank>ST-ISC@xxxxxxxxxxxxxxx</A><BR>>Subject: New Century Bankruptcy
Examiner Says KPMG Aided Fraud<BR>><BR>>Yeeee Ha!<BR>><BR>>Subject:
New Century Bankruptcy Examiner Says KPMG Aided Fraud<BR>><BR>><BR>>In
case you haven't heard.<BR>><BR>><BR>><BR>>New Century Bankruptcy
Examiner Says KPMG Aided Fraud<BR>><BR>>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.<BR>><BR>>Other auditing firms assured me that no such thing
could happen on their watch.<BR>><BR>>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.<BR>><BR>><A
href="http://www.bloomberg.com/apps/news?pid=20601103&sid=aXebBOZ3eBjQ&refer=news";
target=_blank>http://www.bloomberg.com/apps/news?pid=20601103&sid=aXebBOZ3eBjQ&refer=news</A><BR>><BR>><BR>><BR>><A
href="http://norris.blogs.nytimes.com/2008/03/26/when-auditors-cave/?hp";
target=_blank>http://norris.blogs.nytimes.com/2008/03/26/when-auditors-cave/?hp</A><BR>><BR>><BR>><BR>><BR>><BR>><BR>><BR>>This
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strong!)<BR>"Obedience of the law is the greatest freedom" -<BR> Abraham
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