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