Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Knighty Tin who wrote (51817)	3/13/1999 3:19:00 PM
From: Tim McCormick	Read Replies (5) of 132070

Must reading this weekend is Buffett's letter posted today. Highlights are: After the Gen. Re acquisition, he ordered the equity portfolio liquidated at a tax liability of almost $1Bil. Then he goes on to wax eloquent about the deterioration of accounting practices in corporate America. Explaining very well the option scam and acquisition write off scam. Don't miss it. To get there quickly scroll down to the section titled accounting part 1. I also find it interesting that the press treatment of this report so far does not mention this accounting commentary. Also note that corpoarte America is about to stand before congress and try to halt FASB from ending the party. Tim berkshirehathaway.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next