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The Daily AOC

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  • PurpleThrobber
    PurpleThrobber Member Posts: 48,558 Standard Supporter
    2001400ex said:

    MikeDamone said:

    2001400ex said:

    RaceBannon said:

    2001400ex said:

    RaceBannon said:

    2001400ex said:

    Shocking that ignorant people don't understand how banks providing financing could be held liable for the actions of their customers.

    But but but AOC!!!!! Farting cows!!!! Crayons!!!!!

    Bump

    Tell us more
    https://www.fdic.gov/regulations/laws/rules/8000-1250.html
    That's what I thought

    Nothing
    So you don't want to read.
    I read it. Doesn’t seem like you did or you wouldn’t have posted it. It has nothing to with the topic. Dumbshit. Nice attempt at a quick google search and a faint hope it would turn up something to bail you out. It didn’t.
    I don't know if the pipeline situation fits. But it's clear the bank could be held liable if they are aware, or should have been aware, of illegal activity.

    Same thing with CPAs. If they find that the CPA should have known about the fraud, they are held liable.
    It ain't quite that simple. There's processes and procedures and management rep letters and all sorts of shit to preclude that from happening. You have to be a total fuckwad CPA firm to get caught with your pants down that far.

    BTW, every CPA firm also has E&O insurance in place for the occasional fuck up even with all those checks in place.

    #PCAOB superiority guy



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  • MikeDamone
    MikeDamone Member Posts: 37,781
    PurpleThrobber said:

    2001400ex said:

    MikeDamone said:

    2001400ex said:

    RaceBannon said:

    2001400ex said:

    RaceBannon said:

    2001400ex said:

    Shocking that ignorant people don't understand how banks providing financing could be held liable for the actions of their customers.

    But but but AOC!!!!! Farting cows!!!! Crayons!!!!!

    Bump

    Tell us more
    https://www.fdic.gov/regulations/laws/rules/8000-1250.html
    That's what I thought

    Nothing
    So you don't want to read.
    I read it. Doesn’t seem like you did or you wouldn’t have posted it. It has nothing to with the topic. Dumbshit. Nice attempt at a quick google search and a faint hope it would turn up something to bail you out. It didn’t.
    I don't know if the pipeline situation fits. But it's clear the bank could be held liable if they are aware, or should have been aware, of illegal activity.

    Same thing with CPAs. If they find that the CPA should have known about the fraud, they are held liable.
    It ain't quite that simple. There's processes and procedures and management rep letters and all sorts of shit to preclude that from happening. You have to be a total fuckwad CPA firm to get caught with your pants down that far.

    BTW, every CPA firm also has E&O insurance in place for the occasional fuck up even with all those checks in place.

    #PCAOB superiority guy



    Arthur Andersen was said fuckwad CPA firm.
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  • GrundleStiltzkin
    GrundleStiltzkin Member Posts: 61,516 Standard Supporter
    PurpleThrobber said:

    2001400ex said:

    MikeDamone said:

    2001400ex said:

    RaceBannon said:

    2001400ex said:

    RaceBannon said:

    2001400ex said:

    Shocking that ignorant people don't understand how banks providing financing could be held liable for the actions of their customers.

    But but but AOC!!!!! Farting cows!!!! Crayons!!!!!

    Bump

    Tell us more
    https://www.fdic.gov/regulations/laws/rules/8000-1250.html
    That's what I thought

    Nothing
    So you don't want to read.
    I read it. Doesn’t seem like you did or you wouldn’t have posted it. It has nothing to with the topic. Dumbshit. Nice attempt at a quick google search and a faint hope it would turn up something to bail you out. It didn’t.
    I don't know if the pipeline situation fits. But it's clear the bank could be held liable if they are aware, or should have been aware, of illegal activity.

    Same thing with CPAs. If they find that the CPA should have known about the fraud, they are held liable.
    It ain't quite that simple. There's processes and procedures and management rep letters and all sorts of shit to preclude that from happening. You have to be a total fuckwad CPA firm to get caught with your pants down that far.

    BTW, every CPA firm also has E&O insurance in place for the occasional fuck up even with all those checks in place.

    #PCAOB superiority guy



    It happens (Enron, Countrywide, Siemens, big one in Japan over a decade ago), but major accountancy liability cases are rare, and getting rarer.
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  • GrundleStiltzkin
    GrundleStiltzkin Member Posts: 61,516 Standard Supporter
    MikeDamone said:

    PurpleThrobber said:

    2001400ex said:

    MikeDamone said:

    2001400ex said:

    RaceBannon said:

    2001400ex said:

    RaceBannon said:

    2001400ex said:

    Shocking that ignorant people don't understand how banks providing financing could be held liable for the actions of their customers.

    But but but AOC!!!!! Farting cows!!!! Crayons!!!!!

    Bump

    Tell us more
    https://www.fdic.gov/regulations/laws/rules/8000-1250.html
    That's what I thought

    Nothing
    So you don't want to read.
    I read it. Doesn’t seem like you did or you wouldn’t have posted it. It has nothing to with the topic. Dumbshit. Nice attempt at a quick google search and a faint hope it would turn up something to bail you out. It didn’t.
    I don't know if the pipeline situation fits. But it's clear the bank could be held liable if they are aware, or should have been aware, of illegal activity.

    Same thing with CPAs. If they find that the CPA should have known about the fraud, they are held liable.
    It ain't quite that simple. There's processes and procedures and management rep letters and all sorts of shit to preclude that from happening. You have to be a total fuckwad CPA firm to get caught with your pants down that far.

    BTW, every CPA firm also has E&O insurance in place for the occasional fuck up even with all those checks in place.

    #PCAOB superiority guy



    Arthur Andersen was said fuckwad CPA firm.

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  • SFGbob
    SFGbob Member Posts: 33,188
    jecornel said:

    So a business person gets a loan to open a restaurant and he/she/they kitchen has a fire, burns down a business next store. The bank providing the loan should be required to pay for clean up and remodel?

    Am I tracking correctly?

    You are correct sir. It's right there in those Banking regulations Hondo posted. Can't you read?
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  • PurpleThrobber
    PurpleThrobber Member Posts: 48,558 Standard Supporter
    edited March 2019
    MikeDamone said:

    PurpleThrobber said:

    2001400ex said:

    MikeDamone said:

    2001400ex said:

    RaceBannon said:

    2001400ex said:

    RaceBannon said:

    2001400ex said:

    Shocking that ignorant people don't understand how banks providing financing could be held liable for the actions of their customers.

    But but but AOC!!!!! Farting cows!!!! Crayons!!!!!

    Bump

    Tell us more
    https://www.fdic.gov/regulations/laws/rules/8000-1250.html
    That's what I thought

    Nothing
    So you don't want to read.
    I read it. Doesn’t seem like you did or you wouldn’t have posted it. It has nothing to with the topic. Dumbshit. Nice attempt at a quick google search and a faint hope it would turn up something to bail you out. It didn’t.
    I don't know if the pipeline situation fits. But it's clear the bank could be held liable if they are aware, or should have been aware, of illegal activity.

    Same thing with CPAs. If they find that the CPA should have known about the fraud, they are held liable.
    It ain't quite that simple. There's processes and procedures and management rep letters and all sorts of shit to preclude that from happening. You have to be a total fuckwad CPA firm to get caught with your pants down that far.

    BTW, every CPA firm also has E&O insurance in place for the occasional fuck up even with all those checks in place.

    #PCAOB superiority guy



    Arthur Andersen was said fuckwad CPA firm.
    Pre-SOX

    It ain't the old days. Your shit better not stink as a CPA firm and the wall of independence best be in place between the client and the firm.

    HondoFS knows this shit. He's just trolling for bucks. Same old same old.


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  • SFGbob
    SFGbob Member Posts: 33,188
    edited March 2019
    TurdBuffer said:

    2001400ex said:

    SFGbob said:

    2001400ex said:

    RaceBannon said:

    2001400ex said:

    Shocking that ignorant people don't understand how banks providing financing could be held liable for the actions of their customers.

    But but but AOC!!!!! Farting cows!!!! Crayons!!!!!

    Bump

    Tell us more
    https://www.fdic.gov/regulations/laws/rules/8000-1250.html
    Called it, gibberish.
    Why am I not surprised that you think banking regulations are gibberish.
    So far out of your element here. Stick to what you know: Burgers.
    And cocksucking, don't forget the cocksucking.
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  • TurdBomber
    TurdBomber Member Posts: 20,051 Standard Supporter
    SFGbob said:

    TurdBuffer said:

    2001400ex said:

    SFGbob said:

    2001400ex said:

    RaceBannon said:

    2001400ex said:

    Shocking that ignorant people don't understand how banks providing financing could be held liable for the actions of their customers.

    But but but AOC!!!!! Farting cows!!!! Crayons!!!!!

    Bump

    Tell us more
    https://www.fdic.gov/regulations/laws/rules/8000-1250.html
    Called it, gibberish.
    Why am I not surprised that you think banking regulations are gibberish.
    So far out of your element here. Stick to what you know: Burgers.
    And cocksuck, don't forget the cocksucking.
    Don't fag out the thread yet. That's Hondo's job.
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  • PurpleThrobber
    PurpleThrobber Member Posts: 48,558 Standard Supporter
    GrundleStiltzkin said:

    PurpleThrobber said:

    2001400ex said:

    MikeDamone said:

    2001400ex said:

    RaceBannon said:

    2001400ex said:

    RaceBannon said:

    2001400ex said:

    Shocking that ignorant people don't understand how banks providing financing could be held liable for the actions of their customers.

    But but but AOC!!!!! Farting cows!!!! Crayons!!!!!

    Bump

    Tell us more
    https://www.fdic.gov/regulations/laws/rules/8000-1250.html
    That's what I thought

    Nothing
    So you don't want to read.
    I read it. Doesn’t seem like you did or you wouldn’t have posted it. It has nothing to with the topic. Dumbshit. Nice attempt at a quick google search and a faint hope it would turn up something to bail you out. It didn’t.
    I don't know if the pipeline situation fits. But it's clear the bank could be held liable if they are aware, or should have been aware, of illegal activity.

    Same thing with CPAs. If they find that the CPA should have known about the fraud, they are held liable.
    It ain't quite that simple. There's processes and procedures and management rep letters and all sorts of shit to preclude that from happening. You have to be a total fuckwad CPA firm to get caught with your pants down that far.

    BTW, every CPA firm also has E&O insurance in place for the occasional fuck up even with all those checks in place.

    #PCAOB superiority guy



    It happens (Enron, Countrywide, Siemens, big one in Japan over a decade ago), but major accountancy liability cases are rare, and getting rarer.
    Truth. SEC has locked this shit down. And getting lockier every day.

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  • SFGbob
    SFGbob Member Posts: 33,188
    2001400ex said:

    SFGbob said:

    RaceBannon said:

    2001400ex said:

    You guys are making a lot of assumptions. You know nothing about the pipeline spill and therefore have zero knowledge of whether the bank could be held liable. Yes, under the right circumstances they could be held liable. I'm not sure if they could in this instance.

    But keep up with your ignorance cause AOC is in your head.

    But we're making assupmptions

    JFC you made a statement of fact that was 100% bullshit
    Yes, but he was technically correct and just as Hillary's comments regarding blacks being turned away from the polls on account of their skin color was based upon fact while being completely factually inaccurate.

    This is what you do to yourself when you lack the ability to admit when you've put your head up your ass and you're incapable of shame.


    Hey fuckstick.. There we studies that show people were turned away at the polls on Wisconsin and they were in disproportionately black areas.

    Are you ignorant on purpose or just stupid?
    First of all the claim was that voters were turned away on account of their skin color, but I'd love to see your "studies" Hondo, and maybe you should think about sharing them with the Washington Post because they gave Hillary's claims 4 Pinocchio's.

    https://www.washingtonpost.com/politics/2019/03/06/hillary-clintons-claims-about-voter-suppression-georgia-wisconsin/?noredirect=on&utm_term=.d214d1b36a1c

    They talk all about your "studies" Hondo.
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