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Business news without the bullshit
Social media, accounting fraud
and robbing customers
All in a day's work for Wall Street
, accounting fraud
, bankruptcy trustees
, Capital Accounts
, Ernst and Young
, Francine McKenna
, Jon Corsine
, JP Morgan
, London whale trade
, Louis Freeh
, Man Financial
, non GAAP metrics
, Price Waterhouse
, public filings
, revenue recognition
, tech companies
Tangled web of crooks, scammers - and their auditors
Finally, someone is paying attention to the fraud that is at the root of most (all) social media company accounting.
Next, the ongoing national disgrace that is the MF Global scandal.
Finally, the slow motion train wreck that is JP Morgan. The $2 billion lost is just the tip of the iceberg. More pain coming both for the company and the markets.
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