China auditing scandals - Remember Arthur Anderson?

Stuff we should click on.  Be sure to state Not Work Safe, if applicable.  KTHX.
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GORDON
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Post by GORDON »

http://news.yahoo.com/s/nm/20110624/bs_nm/us_china_accounting

So what would it mean, big picture, if China doesn't have the powerhouse economy they have been telling people they have?
"Be bold, and mighty forces will come to your aid."
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thibodeaux
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Post by thibodeaux »

I'm not sure why this is a surprise to people. Governments lie; Communist governments even more so.
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Malcolm
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Post by Malcolm »

It means they're lying bastards and that all the dudes using them as models for their own countries are going to realize they may be fucked.
Diogenes of Sinope: "It is not that I am mad, it is only that my head is different from yours."
Arnold Judas Rimmer, BSC, SSC: "Better dead than smeg."
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