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(Bloomberg)   Accounting giant Deloitte on the company HP is now accusing of having defrauded HP of $8.8 billion by falsely reporting non-existent sales: Hey we looked at their books a year ago and they looked fine to us   (bloomberg.com) divider line 4
    More: Scary, Deloitte LLC, Hewlett-Packard, Autonomy Corp., mistakes, civil litigation, software company, Hey, National Occupational Standards  
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2470 clicks; posted to Business » on 21 Nov 2012 at 1:17 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-11-21 07:17:04 PM
2 votes:
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2012-11-21 04:28:41 PM
1 votes:

jjorsett: As for the fact that the books were in crayon, well we weren't hired for the due diligence stuff.


We looked at the books, they had a 2 covers and pages in between, seemed legit. You want us to read all that shiat? Gonna cost you way more.
2012-11-21 12:51:22 PM
1 votes:

thomps: if you didn't look any further than the financial statements of a company before paying $10B for a company, you deserve what you get.


Not only that, but the last audited statements were for 12-31-10.
2012-11-21 11:26:00 AM
1 votes:
I wouldn't trust Deloitte to give me change at the Dollar store.

In Delaware, where they don't have sales tax
 
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