Reply to post: Re: You never know

US prosecutors whack another three charges on list against ex-Autonomy boss Mike Lynch over $11bn HP biz gobble

Anonymous Coward
Anonymous Coward

Re: You never know

What make me wonder is why no charges have been brought against the HP BoD, and executive officers for their breach of their fiduciary duty to HP's stockholders.

Their incompetence and inattentiveness to this costly matter led to HP pissing away a serious amount of pocket change, IOW - stockholder's equity.

I suspect this is te exact reason they're so noisy about this prosecution - keep the attention away from that question.

I'm also still wondering why the auditors got off scot free here - isn't that the exact thing you pay them for to investigate? I can understand accounting being 10% out (already much, but cumulative errors and a certain degree of creativity can be expected), but this was out by some factors - not exactly the most subtle difference. Surely someone actually doing their job should have spotted that - or was it spotted and then quickly ignored?

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