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News Obama Stimulus Numbers: The Return of Enron-Style Accounting

Obama Stimulus Numbers: The Return of Enron-Style Accounting Obama Stimulus Numbers: The Return of Enron-Style Accounting

Submitted by Kepi | 4 months ago

Breitbart's BigGovernment - The Sarbanes-Oxley Law was rushed through Congress in the wake of an enormous corporate accounting scandal that shook Wall Street and investors across the country. CEO’s and officers at several large companies were found to have “cooked the books”; i.e. knowingly falsified earnings statements to maintain stock prices or propel them higher. The practice came to be known as, Enron-Style Accounting.

Tags: CORRUPTION

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