August earnings restatements ???

Discussion in 'Trading' started by dotslashfuture, Jul 26, 2002.

  1. There is talk of some big earnings restatements to come, as CEO's will now be held personally and legally responsible for earnings games.

    That could be ominous if it works out that way.
  2. I heard the CFO of Cisco is being forced out or quitting after refusing to sign off on the financials. He doesn't want to go to jail apparently.