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The current state of affairs is based on the integrity of the auditing process, i.e. on the laughable proposition that the combined professional ethics of bankers and auditors add up (or multiply out) to something we can all trust.

Cue LIBOR.

Cue Arthur Anderson (who?).

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Mon Mar 4th, 2013 at 09:48:16 AM EST

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