Are you saying there was ..... PHAR MOR going on than met the eyes?

Chris Hoelscher
Lead Sys DBA 
IBM Global Technical Services on assignmemt to Humana Inc.
T 502.476.2538  or 502.407.7266


-----Original Message-----
From: IBM Mainframe Discussion List <[email protected]> On Behalf Of 
Bill Johnson
Sent: Tuesday, February 23, 2021 11:48 AM
To: [email protected]
Subject: Re: [IBM-MAIN] Are these auditors competent? was Re: Anyway to save 
ISRDDN output?

[External Email: Use caution with links and attachments]


 I worked for a company 30 years ago that at the time was part of the largest 
fraud in corporate history. The CEO and executives had 2 sets of books. The 
auditors were actively involved with the fraud. Anyone who has been around for 
a few decades remembers that a number of the big 6 auditing firms were involved 
with fraudulent corporate activities. The company was Phar Mor. The CEO was 
Mickey Monus who went to prison for 10 years. The auditing firm was Coopers and 
Lybrand. I worked with some of the people from Deloite who came in to help 
clean up the bankruptcy that ensued from the fraud. I ran reports using 
Easytrieve to tally up the almost 500 million in debt we had no intention of 
paying. Many of the "auditors" who were running around the corporate office 
like rats in a sinking ship were only there to extract $200 an hour from the 
Debtor in Possession financing that bankrupt companies acquire. The one 
"auditor" I worked with was barely out of college and was computer illiterate. 
Her accounting skills were limited as well.
IBM fanboy

    On Tuesday, February 23, 2021, 9:40:02 AM EST, Radoslaw Skorupka 
<[email protected]> wrote:

 W dniu 23.02.2021 o 00:44, Radoslaw Skorupka pisze:
> W dniu 21.02.2021 o 19:55, Paul Gilmartin pisze:
>> On Sun, 21 Feb 2021 18:23:03 +0100, Radoslaw Skorupka wrote:
>>>>     ...
>>>> When the only tool you've mastered is printscreen, everything looks 
>>>> like a bitmap.
>>> That was the requirement: to make Windows printscreen - a bitmap.
>>> Did I forgot to mention it's plain stupid?
>>>
>> You mentioned that the volume requested was plain stupid.
>>
>> A possible justification for a bitmap beyond the requestor's 
>> ignorance is that your setup involves an elaborate macro for an 
>> emulator not supporting capture as text.
>>
>> And the emulator authors' justification for not supporting text 
>> capture is that resources are better spent supporting that macro 
>> language given that the OS supports graphic capture.
>>
>> But we were using Hummingbird Exceed which has text capture.
>> Simply, most users didn't care to learn the technique.
>
> No!
> No, and no!
> You assumed the auditor know the details and understand what emulator is.
> That's plain wrong.
> I learnt many years ago such auditors are uneducated, but they mask 
> their ignorancy with some mask. This is complex topic, I cannot 
> describe it clearly in English.

Explanation: I should say *some* auditors are so uneducated. Or "there are such 
auditors". There are also reasonable auditor, and even with very small or none 
mainframe knowledge they may do quite good job.
Of course it depends on who's paying for the audit and what the expectations 
are. First - managers don't want to spend money if they do not have to. So, 
usually the audits are mandatory and main goal (the only goal) is to pass it 
with good result.


--
Radoslaw Skorupka
(looking for new job)
Lodz, Poland

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