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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Elroy Jetson who wrote (78822)5/7/2008 10:34:01 AM
From: maxncompany  Read Replies (2) of 116555
 
El Paso overstates reserves

edit due to bad link

labaton.com

"and (5) overstated El Paso’s proved oil and natural gas reserves by more than 40 percent, thereby causing a material overstatement of its income."

Royal Dutch Shell overstates reserves

corpwatch.org

This may not be pervasive throughout the industry, but these are two well known examples.
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