SI
SI
discoversearch

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.
Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna -- Ignore unavailable to you. Want to Upgrade?


To: arvitar who wrote (30741)1/15/2013 11:10:06 PM
From: the_big_guyRespond to of 53574
 
Don't you think it boild down to interpreting GAAP as to line their pockets in one way or another? With Nortel it is very obvious. WIth JBI... he has spent an awful lot of money on props and likely siphoned off a few million for himself. He has created one hell of a hole for himself with the money he has spent. I wonder what his end-game was... was he intending to sell the company off for a profit? .. or maybe just now he is realizing he actually has to make money before that can happen... LOLOL