SEC: Miami Minimizing Charges, Hiding Behind Auditor

Hume, Lynn
August 2000
Bond Buyer;08/09/2000, Vol. 333 Issue 30950, p5
Trade Publication
Reports that the United States Securities and Exchange Commission (SEC) has criticized Miami, Florida for minimizing fraud charges and hiding behind the self-serving testimony of its former auditor, Deloitte & Touche. Miami's alleged failure to disclose a severely deteriorating financial condition in secondary market disclosure; SEC lawyers' issuance of all-out attacks against the city.


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