Post #37442 by ptheland on the The Walt Disney Company board

Stocks A to Z / Stocks D / The Walt Disney Company (DIS)

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But the audit is just getting underway. There are reports that T&E in USAID may be 40-50% of Agency expenditures.

I’m sure there are such reports. But if those reports were actually true, it would be trivially easy to find those T&E payments. Sort the payments coming out of USAID by size and look at the top 5% or 10%. T&E payments would be all over that selection.

I am a self described terrible auditor, but even I know how to find something that large.

So why did these minuscule payments come out first in the headlines and not those supposedly massive T&E payments?

I’ll tell you why. Because payments of that size don’t exist. If they did, that would be the headline. Those report you refer to are just lies to get you riled up.

Quit falling for the lies, Mike. You are smarter than that.

—Peter

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