[Vision2020] So What's New?

Art Deco art.deco.studios at gmail.com
Tue Nov 20 11:21:51 PST 2012


Hewlett-Packard says it’s the victim of fictitious accounting at company it
acquired
http://www.washingtonpost.com/business/hewlett-packard-says-its-the-victim-of-fictitious-accounting-at-company-it-acquired/2012/11/20/1c5d71ce-<http://www.washingtonpost.com/business/hewlett-packard-says-its-the-victim-of-fictitious-accounting-at-company-it-acquired/2012/11/20/1c5d71ce-3311-11e2-92f0-496af208bf23_story.html?wpisrc=nl_tech>
311-11e2-92f0-496af208bf23_story.html?wpisrc=nl_tech<http://www.washingtonpost.com/business/hewlett-packard-says-its-the-victim-of-fictitious-accounting-at-company-it-acquired/2012/11/20/1c5d71ce-3311-11e2-92f0-496af208bf23_story.html?wpisrc=nl_tech>

'NEW YORK — Hewlett-Packard Co. said that a British company it bought for
$9.7 billion last year lied about its finances, resulting in a massive
write-down of the value of the business.

CEO Meg Whitman avoided calling it a fraud, but said Tuesday that there
were “serious accounting improprieties, disclosure failures and outright
misrepresentations at Autonomy Corporation PLC.”'


So Whitman, a CEO once at EBay, and who ran for governor of California is
just on her way to discovering that accountants/CPAs occupy the same
ethical abyss as politicians, race track touts, used car/siding
salespersons, carnival concessionaires, and religious professionals?
And these are the people who would have us believe that if we lower their
taxes, they'll turn the economy around?


-- 
Art Deco (Wayne A. Fox)
art.deco.studios at gmail.com
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