all over the world into dire straits and of course this gets right back to the enron scandal arthur andersen was caught doing something similar they went out of business or sucked up by one of the other major accounting firms and the entire business model of wall street and by association america is fraud as i've said before if you took fraud out of the american business model you have nothing left except donuts and guns now going forward what's left that can be incriminating evidence that would require the government to shut down ernst and young are they really going to let ernst and young dot com ernst and young sucks the big one dot com ernst and young blows the big one dot com are they going to let these perkins shysters breathe another oxygen at all well max actually a lot of this fraud it didn't just happen in america though the crucial role played by the european banks as evidence in this event as well because the assets were taken off the lehman brothers balance sheet transferred to european banks and then in order to hide the bad debts and then they were transferred back so it's the

all over the world into dire straits and of course this gets right back to the enron scandal arthur andersen was caught doing something similar they went out of business or sucked up by one of these other major accounting firms and the entire business model of wall street and by association america is fraud as i've said before if you took fraud out of the american business model you'd have nothing left except donuts and guns. and. all the kinds of reports and less than ten minutes here on our team and before that will bring you the latest business news with us don't go away. hello and a very warm welcome to the program the head of russia's biggest lenders burbank's says he expects the country's inflation to rise to over nine percent next year that's a third more than the central bank's predicted six and a halt the cent for next year for spearman crafts they'll be no chances to contemplation down from its current level of eight and a hundred percent also believes that russian banks may revise their current credit deposit price because it sounded right to inflation and the potential tightening