now  this is an appalling situation, er th the b c c i's books were certified by the auditors as a true and fair record from december nineteenth er december thirty first nineteen er eighty seven forward a and that meant that people had confidence in b c c i, here we're told that the auditors are giving it er a certificate of a a true and fair record er encouraging therefore people to in t to to invest and yet prior to nineteen eighty nine price waterhouse knew of gross irregularities er in b c c i's handling of loads, particularly the load to c c a h which was the holding company for first american er bank shares.