printed ten weeks in advance of the content, was to be coupled
with the numbers inside the report. FINOVA announced that its annual report would be
delayed. It was unclear what was happening until its long-standing auditors, Deloitte and
Touche, were red. Mr. Eichenfeld explained that FINOVA red its auditors because
they had waited so long to discuss their concerns and issues with management. He indi-
cated that he felt they should have raised the issues much earlier than on the eve of the
release of the numbers.98