THE OPPORTUNITY CLINTON MISSED

Auditors tell Tories that party is no longer viable (Andrew Pierce, May 29, 2003. Times of London)

INDEPENDENT auditors are refusing to sign off the Conservative Party?s accounts because they fear that it is no longer a going concern.

PricewaterhouseCoopers, which must approve the accounts within weeks, has told Tory officials that there is not enough income to guarantee the party?s viability.

A senior Tory source said: ?It is worrying. The auditors have raised with us the fear that we are no longer a going concern because spending outstrips income. We struggled last year, but this year it is much worse. The accounts were signed off last time because we had commitments of loans from benefactors, but they are not forthcoming.?

Thankfully Bill Clinton's only concern was himself, because if he'd governed on the agenda he ran on in 1992, the GOP might be in as bad a shape as the Tories. Posted by Orrin Judd at May 29, 2003 9:57 AM