Corporate Outrage!

Discussion in 'Trading' started by Satyrican, Mar 17, 2004.

  1. Lucent admitted to faking $200 million in REVENUE, but only have to phony up $25 million as a slap on the risk...

    But the real story is that they are NOT required to restate their books... how the f*ck is that Possible????

    Any comment?
  2. Mecro


    Corporate governance is out of control. Just look at CEOs salaries and bonuses. Waste of millions of dollars.
  3. Ditto!
  4. How is it possible that people ignore that it is possible since a very very long time :D