Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: MythMan who wrote (316505)	1/12/2006 6:42:03 PM
From: patron_anejo_por_favor	Read Replies (4) of 436258

SEC opening IBM investigation? Hmmmm, that could be interesting: biz.yahoo.com SAN FRANCISCO (Reuters) - IBM (NYSE:IBM - News) said on Thursday that U.S. securities regulators were formally investigating the world's biggest computer services company's first-quarter earnings report and expensing of stock options. The disclosure, which sent the company's shares down as much as 1.3 percent, follows an informal investigation that International Business Machines Corp. revealed in June. The stepped-up investigation gives the U.S. Securities and Exchange Commission the power to subpoena documents, e-mails and individuals.

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