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.