New Century Financial, whose failure just a year ago came at the start of the credit crisis, engaged in “significant improper and imprudent practices” that were condoned and enabled by auditors at the accounting firm KPMG, according to an independent report commissioned by the Justice Department.
I remember when Arthur Anderson was considered unassailable (all you had to do was talk to someone who worked there). I also wonder how accounting played into the Beat Stearns debacle...
On the whole, real estate investing is a risky task, having a real estate expert while framing a decision is a wise idea.
ReplyDeleteThere are several real estate gurus’ who will help you in framing the right decision. David lindahl scam is one such great real estate connoisseur who can help the frame the right decision at right time.
The real estate portfolio should be of that sort as well, planning is something very imperative and details about the property type and sound income-producing property details should be categorized within two investment units. Nevertheless, two investment units should be framed out along with the risk factor; such that it will give a detailed specification.