U.S. investors urge "going concern" warning reform

(Reuters) – Regulators need to crack down on auditors who fail to warn investors and the public before corporations fail, investors told the main watchdog for U.S. auditors on Wednesday. Most big companies bailed out by the government in the 2007-2009 financial crisis had clean bills of health from their auditors and no auditors have been disciplined over this, investors told the Public Company Accounting Oversight Board at a meeting in Washington. …