OK, who remembers the thread on NFCU?
Date: December 12, 2008 12:20AM
There was a thread here on NFCU and the number of town in Fairfax County that were covered by their own police service instead of the county, such as Vienna, Falls Church...and others.
I can't find that thread, it's gone.
It said something about how they wrote off 40 million as this current CEO took over and someone apparently committed suicide in their supply room but it wasn't re[ported as such.
It had been re[ported to the Secret Service, and they said, "dead is dead."
It was also reported to the FCPD CIS and they said,"$40 mil, isn't that much money."
Since the individual reported this information Price Waterhouse has been looking at their books, which were not good at the time. Which is my point.
I received their quarterly newsletter, which stated NFCU is receiving an "unqualified "clean" audit" of their financial statements. I noticed their first audit by Price Waterhouse was "qualified."
To any accountants out there, what does this mean?
What happened to the thread? I know there are those who may recall the thread.