
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.