That would be the firm usually mis-named KMPG in the non-professional press,
John. My, how that once-proud firm has gone to the dogs ;-)
Piers
-----Original Message-----
From: John Hudson [mailto:OM4T@xxxxxxxxxxx]
Sent: 23 November 2011 15:35
To: Olympus Camera Discussion
Subject: Re: [OM] Why Olympus WILL Survive
You have to wonder what the outside auditors [no doubt one of the world's
big 4 accounting firms] were doing, or not doing, not to discover the book
cooking!!
jh
----- Original Message -----
From: "Ken Norton" <ken@xxxxxxxxxxx>
To: "Olympus Camera Discussion" <olympus@xxxxxxxxxxxxxxxxx>
Sent: Wednesday, November 23, 2011 11:07 AM
Subject: [OM] Why Olympus WILL Survive
> The company is bloody profitable! Think about it, Olympus has hidden
> potentially billions of dollars in losses and nobody notiiced. Other than
> for an exec who didn't get the memo about digging into the past, they
> probably would have gotten away with it indefinitely.
>
> My guess is that there is a high likelihood of Woodford being reinstated.
> The other boardmembers are probably beyond livid with him, but the
> stockholders will do the speaking.
>
> The latest news is that there doesn't appear to be any Yakuza connection.
> My E-1 is a bit bummed about that. He's been going around intimidating the
> other cameras and shaking them down for money.
>
> AG
> --
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