16 ms·

Don't forget the big four signed off on evergrande and other Chinese real estate and it seems like there will be no consequences (we can't have the big zero)

• cm2187 4y ago
  Has there been an accounting fraud with Evergrande? Being overleveraged isn’t fraud.
  • throwawaymaths 4y ago
    It's fraud when you tell investors incorrect things in prospectuses, for example. These things are required to be signed off by auditors to participate in us stock exchanges
    • nradov 4y ago
      What specific statements were incorrect in the Evergrande prospectus?
      • deleted 4y ago
        [deleted]