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- "Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here. From compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented."
Said the guy who took apart Enron
- The exchange lacked accounting controls and expenses were approved on an internal chat, where “supervisors approved disbursements by responding with personalized emojis.”