Faux Pas

Jack Walsh, former GE CEO, comes forth to mark one more in the win column

GE shines again

GE shines again

(BIGspitNEWS) GE’s former leading money maker, CEO and book writer evades being tarred with remainder of existing current and former top employees for SEC revealed “trick handling” of profit reporting from 2001 – 2007, because of various “financial accounting tricks” that helped GE beat analyists quarterly targets during years that would have otherwise not been so rosy.

“With the $50,000,000.00 fine we expect no further recurrances of these ‘accounting tricks’ “ an unnamed inside source was quoted as saying.

Starbucks Double Tall Bill on Memorial Day Weekend

(WNnews) Maybe as many as one million customers in the US and Canada were double-billed for credit and debit purchases over the American long weekend.

Starbucks has been working to credit all customers and reportedly apologizes for the error not coming to light later earlier.

Well, it was a winning submission in the company’s “How to increase sales” contest for employees. No reports as to what the prize winner received although we think it might be as much as 5 years in prison.

 

February 2012
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