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June 15, 2008

The Refco Question

refco 061508Ellen Podgor has the sentencing memos in regard to former Refco CEO Phil Bennett's plea deal. They are interesting reading, but what they do not answer is the most intriguing question that remains unanswered from the entire Refco affair:

Why did Bennett risk taking Refco public in the first place?

Posted by Tom at June 15, 2008 12:01 AM |

Comments

Why? Read what I have written previously...http://www.retheauditors.com/2008/02/refco-execs-pleas-may-ease-auditors.html

Posted by: fmckenna Author Profile Page at June 15, 2008 12:25 PM

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