This is fun. Here's what Herbalife Director Jeff Dunn, who's not a member of the company's audit committee, told Bloomberg about the current state of the re-audits:
“I have nothing that suggests anything’s going to come out of the audit,” Dunn said yesterday in a telephone interview. “We view it as an opportunity because now you have a full, clean set of eyes coming in and tearing it apart one more time.”
And here's ex-Crazy Eddie CFO Sam Antar's thoughts on the matter:
Memo to $HLF: Bragging about getting a clean audit opinion from PwC is like a guy bragging about having sex with a paid escort.
— Sam E. Antar (@SamAntar) October 16, 2013
Seems about right. Discuss.
