RSS
Grading The Accountants
from the fail-'em! dept
An analyst at CSFB has come up with an additional rating for companies beyond the buy/sell/hold etc. ratings. This analyst has also started giving letter grades to the accountants who files financial statements for each company. In the wake of the Enron scandal, when everyone now assumes that all accountants are lying bastards, this sort of thing might be useful (assuming you trust the analyst as well - which might be a leap of faith in its own right). Maybe we now need to set up a grading system that will grade the analysts who grade the accountants.
1 Comments | Leave a Comment..
If you liked this post, you may also be interested in...
- SEC Told Pandora To Be More Explicit In Its IPO That Its Business Is Likely Unsustainable Due To Crazy Licensing Rates
- The Fine Line Between Crowdfunding & An Illegal Securities Offering Part II: SEC Fines Ad Execs Over Pabst Stunt
- As Pandora Goes Public, How Come No One Is Pointing Out That It Misled The Press About Being Profitable?
- Don't Try To Make Sense Of LinkedIn Share Price
- DailyDirt: Start-up Pitches And Strikeouts...
Reader Comments (rss)
(Flattened / Threaded)
No Subject Given
closing the barn door
chumps are broke, suckers been scammed with fake stock ,
new laws wont do shit for them
1934 alll over again
what a f'ing joke
no one give a shit anymore
moneys gone
[ reply to this | link to this | view in thread ]
Add Your Comment