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| Topic: |
History
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| Number of pages / Number of words: |
3 / 647 |
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I do not mean to imply that they were singularly culpable for the problems but their role cannot be denied. At the very least, outside auditors could have been employed to ensure that principles were followed. The sub prime mortgage crisis had many participants; the lenders, consumers, investors, and banking businesses...
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The sub prime mortgage crisis had many participants; the lenders, consumers, investors, and banking businesses. But the role of the accounting profession and their governing bodies is most surprising and question should concrete rules be created for this profession. Their action and interpretation of their very own code of conduct and disregard to follow their basic principals are obvious even to the novice reader...
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