How could the FRC have decided KPMG were in the clear when the issues were known at the time?
Well, possibly, because the issued were known at the time.
With the credit crunch in full swing, a meeting of investment chiefs and senior accounting professionals at the offices of Schroders two weeks before Christmas 2007 heard how the FRC was “fully aware that there might be ‘going concern’ problems” at UK banks.
Yes, and everyone trooped off to the Bank of England and asked, well, if there are such problems, will you support the banks?
“Yes”
So, the accounts were signed off.
This really isn’t difficult Ritchie, it’s really not hard.
When you believe GERS are falsified in a colossal conspiracy, and that HMRC are in a criminal conspiracy with foreign tax evaders, stuff like this is childs play.
I see Ritchie has delved into the big time VC market (remember, he was a tech entrepreneur too!) by having a go at Deliveroo.
Let’s see what happened when Ritchie last commented on an internet company:
http://www.t*xresearch.org.uk/Blog/2012/05/30/is-facebook-2012s-lastminute-com/
“Facebook has now gone from $38 to $29 in a week or so after its IPO. Is it the portent of a crash to come?”
Facebook stock is currently at $171.
Such an expert.
My email to City has been received. In case anybody else is interested in doing what Snippa did to that blogger, here is the email I sent:
@Diogenes – splendid work. He is nobbut a fraud, snake oil salesman and charlatan. I may second your concerns. Aye. Lizard.
@Diogenes – Excellent, great work.
Please update us with replies.
Cheers