In our continuing effort to lift everyone’s spirits this week, we’ll present a few a videos today for your viewing pleasure. We’re attempting to find something for every firm but if you know of something that you feel that is imperative to share with everyone, shoot us the link, tips@goingconcern.com. Feel free to get all Roger Ebert on these videos in the comments. Oh, and as we’ve mentioned before, just charge the time to an administrative code.
We’ll start with Deloitte: Video, after the jump
Barry Minkow has a message for InterOil auditors at PwC and it appears as though he would really, really like for P. Dubs to remember its fiduciary responsibility. So much so that he even made a video to help drive the point home so let’s hope this lands where it is supposed to and PwC considers Barry’s friendly suggestions.
“InterOil and its CEO have shown a troubling pattern of behavior that goes back to the company’s founding in 1997,” Minkow said. “We’ve seen inflated assets, a missing report from world-class Netherland Sewell, no major partners willing to put up cash for its proposed LNG plant, a recent bad-faith bankruptcy filed by CEO Phil Mulacek for a company he controls, and unreported $5.7 million commission, insiders dumping tons of stock last month, hyped press releases, and the list goes on. In fact, the only thing we haven’t seen from InterOil is any commercial oil or gas.”