"In a move that should surprise no one, Canadian/Chinese forestry company Sino-Forest filed for bankruptcy in Canada yesterday. The timing of the filing shouldn't be a surprise either, since the company was due to deliver its 2011 audited financial statements and also unsurprisingly couldn't find an auditing firm willing to sign off on them."
Subscribe via email, get all daily posts sent to you next day (and without all the annoying ads)
....with "*Sigh* No Forest". It's a good post too and here's how it starts, click through and read the rest, wontcha now?