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China’s Powerful yet Hated Subculture - Episode #114

The China Show

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Deloyds, We Need the Audit Papers for This Court Case

In the hundreds of companies that we investigated, i can't think off top of my head one that wasn't fraudulent in some way. If if you are reporting all your correct numbers and every peer in your space is lying, then you look like the worst company to invest it. We only found out they didn't when we caught them committing fraud, and they said they wouldn't. Auditors do not write the a, the ten k or the ten ce. The management does. And they only inspect parts of it. I was ging, so nos can say.

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