|
|
| |
|
|
| |
Home >
Books >
Business / Management / Finance >
General & Miscellaneous >
The Number : How America's Balance Sheet Lies Rocked The World's Financial Markets
|
The Number : How America's Balance Sheet Lies Rocked The World's Financial Markets
By
Alex Berenson
To financial analysts and investors, it is the earnings per share figure or 'the number' which is the most important sign of a company's health and future prospects. To chief executives whose colossal bonus packages are increasingly linked to 'the number' it is even more important that it doesn't fall short. Not surprisingly the temptation to 'massage' this number by booking non-existent sales or hiding capital expenses proved too much for some, even though their deception amounted to theft on a massive scale from shareholders and their employees.
|
|
|
Liberty Books' Bestsellers
|
|
|
| |
|
|
|
|
|
