| No one will admit that the goal is to fudge financial statements, of course. With investors already nervous, the excuse that complying with the rule would cost too much is preferable to an explanation that the reported losses would be too high. |
Banks Plead They Can?t Follow RulesQuicklink Submitted By Sheila Samples No comments
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| No one will admit that the goal is to fudge financial statements, of course. With investors already nervous, the excuse that complying with the rule would cost too much is preferable to an explanation that the reported losses would be too high. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.
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