rrbauer
11-17-2002, 11:34 AM
Since corporate managers are now required to certify their companys
financial results and face significant penalties in terms of money and
time (make that jail time) if they certify false statements:
What do you think about requiring the managements of OTB outlets, tote hubs, etc., to
certify that the bets that they are submitting/paying are the bets as
they were originally placed before post time?
I would particularly like to see how many of them would certify the
"pick" bets that were paid over the past year, given the risk of perjury
and fraud in the event that an audit found otherwise. And, for icing on
the cake, I would like to see a percentage of those from the certified
list get an audit. And, for even more icing on the cake, I would like to
know the reasons why, those on the non-certified list (if any) would not
certify.
In other words, what I want is some honest and complete disclosure, so
that we can assess the network and data security problem in its true
context: Words that go beyond, "trust me" and "we'll have the security
problem fixed in three weeks".
Would you be in favor of some certification process?
financial results and face significant penalties in terms of money and
time (make that jail time) if they certify false statements:
What do you think about requiring the managements of OTB outlets, tote hubs, etc., to
certify that the bets that they are submitting/paying are the bets as
they were originally placed before post time?
I would particularly like to see how many of them would certify the
"pick" bets that were paid over the past year, given the risk of perjury
and fraud in the event that an audit found otherwise. And, for icing on
the cake, I would like to see a percentage of those from the certified
list get an audit. And, for even more icing on the cake, I would like to
know the reasons why, those on the non-certified list (if any) would not
certify.
In other words, what I want is some honest and complete disclosure, so
that we can assess the network and data security problem in its true
context: Words that go beyond, "trust me" and "we'll have the security
problem fixed in three weeks".
Would you be in favor of some certification process?