‘Hubris' saw distressed company take a pass on capital raising opportunity | Deloitte, Grant Thornton raised red flags.
Thu, 03 Sep 2015
Documents leaked to NBR show Mako Networks was in financial distress for at least two years before its liquidation – and that chief executive and director Bill Farmer bagged $1.9 million compensation over three years even as auditors Deloitte and Grant Thornton raised questions about the company’s