02-09-2013, 10:03 AM
With the fact that CMZ did not question the authencity of SAIC documents,and that glaucus research source has been from SAIC for other comapanies that is shorted.
It means this is the third institution in china caught sleeping.
First, the trade ministry that have trading figures that are of Hugh discrepancy with their trading partners.
SAFE, as mentioned by Boon in his Eratat thread, that control RMB conversion to other currency, companies that gave dividends which through the SAFE audit process, but still get caught in frauds.
Now SAIC.
Scary...
It means this is the third institution in china caught sleeping.
First, the trade ministry that have trading figures that are of Hugh discrepancy with their trading partners.
SAFE, as mentioned by Boon in his Eratat thread, that control RMB conversion to other currency, companies that gave dividends which through the SAFE audit process, but still get caught in frauds.
Now SAIC.
Scary...