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2 Center Managers Gone!
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<blockquote data-quote="pickup" data-source="post: 509720"><p>Under Scott Davis' picture is pretty much his resume: rather impressive. After he graduated college , he worked for Arthur Anderson: an accounting firm that was once a giant and many of its accounting cases were literally text book cases for books by for accounting majors. The name might sound familiar as it was the accounting firm that pretty much fudged the numbers for a company called Enron. The fudging allowed Enron to perpetuate a fraud of enormous proportions. In all fairness, other accounting firms rubberstamped and fudged numbers for the companies they worked for in order to get the more lucrative consulting business. Also, in fairness, I must mention that Mr. Davis obviously left the employ of Arthur Anderson way before any of these particular accounting shenanigans started. </p><p></p><p>The thing that hits me, according to his bio, he is now the chairman of the Federal Reserve board in Atlanta. That is big. By being on that board, he has a better idea of the real economic conditions ,present and upcoming, than the most astute financial outsider. I don't necessarily agree for the need for a federal reserve (Yay, ron paul) but still it is impressive.</p></blockquote><p></p>
[QUOTE="pickup, post: 509720"] Under Scott Davis' picture is pretty much his resume: rather impressive. After he graduated college , he worked for Arthur Anderson: an accounting firm that was once a giant and many of its accounting cases were literally text book cases for books by for accounting majors. The name might sound familiar as it was the accounting firm that pretty much fudged the numbers for a company called Enron. The fudging allowed Enron to perpetuate a fraud of enormous proportions. In all fairness, other accounting firms rubberstamped and fudged numbers for the companies they worked for in order to get the more lucrative consulting business. Also, in fairness, I must mention that Mr. Davis obviously left the employ of Arthur Anderson way before any of these particular accounting shenanigans started. The thing that hits me, according to his bio, he is now the chairman of the Federal Reserve board in Atlanta. That is big. By being on that board, he has a better idea of the real economic conditions ,present and upcoming, than the most astute financial outsider. I don't necessarily agree for the need for a federal reserve (Yay, ron paul) but still it is impressive. [/QUOTE]
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