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Auditors didn’t flag risks building up in banks

Por: Fox Business Business April 10, 2023

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The Bear Traps Report founder and editor Larry McDonald gives the latest economic outlook as the U.S. adds 236K jobs in March on 'Maria Bartiromo's Wall Street.'  While outside auditor KPMG LLP cited potential losses on loans as a critical matter two weeks before its collapse, the audit firm missed the inherent bond losses and unreliable deposits that took the financial institution down, The Wall Street Journal reported. A KPMG... + full article



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