Comments on: Big Bath Accounting Fraud

By: Ye Cheng Yuan

Ye Cheng Yuan — Wed, 28 Jan 2009 09:01:57 +0000

Thanks, Green Panda. I guess it’s easier for me to explain in laymen terms because I don’t speak accounting terms.

fathersez, I couldn’t agree more.

By: fathersez

fathersez — Thu, 25 Dec 2008 12:19:37 +0000

This is even more pronounced if new managment is brought in during the bad times. They go on a frenzy writting off stuff and the next year they are touted as geniuses.

This is particularly accentuated when a bank is taken over.

Regards

By: Sunday Money Roundup - Home Again Edition. | My Two Dollars

Sunday Money Roundup - Home Again Edition. | My Two Dollars — Sun, 21 Dec 2008 14:01:19 +0000

[...] discusses Big Bath Accounting Fraud. What’s that? Click through to find [...]

By: Green Panda

Green Panda — Sat, 13 Dec 2008 13:01:45 +0000

Great job on the posts. I took some basic accounting classes at school and I wished the professor explained it as clearly as you did!