Walter Noel Shopped for Auditors the Way His Daughters Shopped for ShoesIn the text of his prepared remarks to the House Financial Services subcommittee this morning, Fortune points out that Markopolos says Walter Noel's Fairfield Greenwich Group, thought to be Madoff's largest feeder fund, switched auditors three times in three years. Meaning that between 2004 and 2007, no one accounting firm was charged with tracking their numbers from year to year. "To change your auditor like that is highly unusual," Pornsit Jiraporn, a finance professor and the author of a study on "auditor shopping," tells Fortune. Further, two of the auditing firms were located overseas, where accounting standards are not as high. "Sometimes there is a legitimate reason for switching once, but this is very suspicious." Related: The Noels reportedly enjoyed some nice Perrier-Jouet this weekend.
[Fortune]
[Original Greenwich Diva]
By: Jessica Pressler
Here Is Today's Raw Greenwich Blog And RSS Feed:
Blog's About Greenwich ....
For What It's Worth By Greenwich Blogger Chris Fountain
Bernie’s list - early report - Over a thousand names in non-alphabetized order, all I can do is a quick scan. I ran down backwards from p. 163 to 100 and came up with Greenwich’s own Met...
Greenwich News
Greenwich Post - Sign up for breaking news. Sports GHS cheerleaders ready to compete Ita TMs all about being aggressive for the Greenwich High School cheerleading team.
2 hours ago
Greenwich Blog :: The Blog of Greenwich, Connecticut :: USA
Reader Submitted Screenshots - Lou Da Silva points out the similarites between the home pages of the New York Times and Greenwich Time at 9:00 am on Wednesday, February 4. Both newspapers...
The Perrot Memorial Library Blog
Thank You - The Staff and Board of Perrot Memorial Library deeply thank each of you who have shared a thought, shed a tear, and expressed your emotions and remembrance...
Bloggers Who Are From, Work In Or Used To Live In Greenwich......
Exit 55 By Rob "WGCH" Adams - The Sports Voice Of Greenwich
Linkage - Things that have jumped out at me: A warm thought - the Yankees' TV schedule on YES (including the woeful Spring Training games). Now let me see if I've go...
Cos Cob Blogger Iggy Makarevich At High Strangeness
SHC over the airwaves - • Larry Arnold, the world’s foremost authority on the subject and the author of Ablaze!: The Mysterious Fires of Spontaneous Human Combustion...
The Daily Spurgeon
Who shall ascend? - “Who shall ascend into the hill of the Lord?” It is uphill work for the creature to reach the Creator. Where is the mighty climber who can scale the tow...
The Fox Trot By Nick "The Sly" Fox
ECW Results! - Dark Match: * Mark Henry b. DJ Gabriel - Alicia Fox came out with DJ Gabriel while Tony Atlas came out with Mark Henry. Henry got the win with the World's S...
Jane Genova: Speechwriter - Ghostwriter
"Without a Trace" - All Crimestopping, no Jack Angst/Romance - As a writer, I wonder why scripts are the way they are. Tonight's "Without a Trace" was all crimestopping. There was no digging into Jack Malone's angst or h...
The Blonde Excuse
Poppy - As you may have read on Jocelyn's blog, our Poppy just passed away. He was a true hero and an amazing grandfather. We were all so very lucky to have had him in our lives.
Exit 55 By Rob "WGCH" Adams - The Sports Voice Of Greenwich
Linkage - Things that have jumped out at me: A warm thought - the Yankees' TV schedule on YES (including the woeful Spring Training games). Now let me see if I've go...
Cos Cob Blogger Iggy Makarevich At High Strangeness
SHC over the airwaves - • Larry Arnold, the world’s foremost authority on the subject and the author of Ablaze!: The Mysterious Fires of Spontaneous Human Combustion...
The Daily Spurgeon
Who shall ascend? - “Who shall ascend into the hill of the Lord?” It is uphill work for the creature to reach the Creator. Where is the mighty climber who can scale the tow...
The Fox Trot By Nick "The Sly" Fox
ECW Results! - Dark Match: * Mark Henry b. DJ Gabriel - Alicia Fox came out with DJ Gabriel while Tony Atlas came out with Mark Henry. Henry got the win with the World's S...
Jane Genova: Speechwriter - Ghostwriter
"Without a Trace" - All Crimestopping, no Jack Angst/Romance - As a writer, I wonder why scripts are the way they are. Tonight's "Without a Trace" was all crimestopping. There was no digging into Jack Malone's angst or h...
The Blonde Excuse
Poppy - As you may have read on Jocelyn's blog, our Poppy just passed away. He was a true hero and an amazing grandfather. We were all so very lucky to have had him in our lives.
Poppy had his obituary in the Greenwich Time today, and if you knew Poppy and he touched your life in any way, please leave him a Guestbook entry on this website HERE.
Comment:
Dear Lauren,
The Bloggers Of Greenwich Are So Sorry for Your Loss, You Have Our Deepest Sympathy.
Our Thoughts And Prayers Are With You,
Your Grandfather Was A Very Special And Wonderful Man.
A Star Has Been Added Up In Heaven, Twinkling And Watching Over You And Jocelyn Forever!
Look Up And Take Heart!
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