The Bloomberg headline is “There are 340,000 Fewer Accountants, and Companies Are Paying the Price” […]
Tag: this where Adrienne chimes in with “we’re fucked”
Pondering Bank of America’s Balance Sheet
As far as the market is concerned, more than half of the company’s book value is bogus, due to overstated assets, understated liabilities, or some combination of the two. [Jonathan Weil/Bloomberg]