I'm not sure I can keep this up — the words and stuff about accounting.
Thankfully, this James Huang guy did another video. It's about that Twilight book I don't know anything about. I did happen to be at the Barnes & Noble a couple of times when the new ones were being released and it was a good way to meet chicks though.
I'm thinking James should just do videos for Going Concern. Jimbo, if you're interested, you should email Greg, but I'm warning you, he yells a lot and will make you do all the work.
Since the Times ran a story on this cultural trend in fall of 2008, and the following video was posted in December ’09, you might say that accountants are again, late to the party but whatevs. And of course it’s an IFRS spin.
While somewhat humorous, it’s still based on a Canadian company and there’s no mention of Sir David Tweedie, which we think is an unforgivable oversight. That being said, it is encouraging that there is at least oneDownfall remake out there that encompasses accounting. Personally, we’d like to see some of the following topics addressed using the clip:
Barry Minkow has a message for InterOil auditors at PwC and it appears as though he would really, really like for P. Dubs to remember its fiduciary responsibility. So much so that he even made a video to help drive the point home so let’s hope this lands where it is supposed to and PwC considers Barry’s friendly suggestions.
“InterOil and its CEO have shown a troubling pattern of behavior that goes back to the company’s founding in 1997,” Minkow said. “We’ve seen inflated assets, a missing report from world-class Netherland Sewell, no major partners willing to put up cash for its proposed LNG plant, a recent bad-faith bankruptcy filed by CEO Phil Mulacek for a company he controls, and unreported $5.7 million commission, insiders dumping tons of stock last month, hyped press releases, and the list goes on. In fact, the only thing we haven’t seen from InterOil is any commercial oil or gas.”
