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April 13, 2011

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Independent Accountant

I wrote my "31 More Years" series. As I see it, nothing more will come of today's hearings than those which led to the 1976 1760-page book, "The Accounting Establishment". Why? The US Treasury and Wall Street don't want TBTF financial institutions audited.
Doty's PCAOB is part of the same "Punch and Judy Show" we've seen for over 30 years.
At least that's one CPA's opinion.

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