The Plunder Continues
I’m going to get off this corporate crime kick real soon now, I promise (because, really, it’s endless). Listening to Morning Edition on NPR just now I heard that the Securities & Exchange Commission has discovered Xerox has “accelerated” an estimated 6 billion dollars (that’s illion with a b) in earnings. I’m not entirely sure what accelerated means here exactly (yes, reporting earnings when you’re not supposed to – but how exactly?), although the story made it out to be A Bad Thing.
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Posted to General Rants 2002.06.28 (Fri) • 20:15
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