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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: ild who wrote (211325)12/24/2002 5:22:50 PM
From: Knighty Tin  Read Replies (1) of 436258
 
Has anyone noticed how well this accounting honesty thing has worked? A certain bank got a fine of $400 million. So, they are taking a charge of $1.5 Billion. No problem. Pro forma, continuing eps are growing. Huh!??? Bad loans hidden in a one-time charge. Rinse and repeat next quarter.
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