CNP
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0.00% 4.0¢ cnpr group

short trem speculation, page-20

  1. buffett
    3,298 Posts.
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    01/12/08
    16:12
    Post #: 4560520
    Coppertop 137,
    CNP directors would have insurance cover.
    Bet Auditors & their insurer more worried than CNP, because they signed off on accounts.
    Auditors have a duty to confirm financial facts. Seems a pretty basic error, unless auditors did in fact agree with CNP management in the way these items were to be shown in balance sheet.
    Regards
    Buffett
    PS Some insurance company carries most of the problem, not CNP directors.
    CNP Price at posting: 6.9¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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