It’s Time to sell Stocks and Buy Gold (tags)
Enron is the tip of the iceberg - In 2001, with 'pro forma' creative accounting, the top 500 US listed companies were able to report earnings of 42 percent more than that allowed by 'generally accepted accounting principles', writes David Podvin in an article, Multi-Trillion Dollar Financial Scandal.
It’s Time to sell Stocks and Buy Gold (tags)
Enron is the tip of the iceberg - In 2001, with 'pro forma' creative accounting, the top 500 US listed companies were able to report earnings of 42 percent more than that allowed by 'generally accepted accounting principles', writes David Podvin in an article, Multi-Trillion Dollar Financial Scandal.