[Am-info] Breaches of SEC Regulations

[Doug Masson]

On Sat, 29 Jun 2002, Eric Bennett wrote:

> John Poltorak wrote:
> >
> > It seems that when the likes of Worldcom or Xerox breach SEC Regulations
> > it is big news, but it's only a matter of a few weeks since Microsoft were
> > confirmed as having violated these rules.
> >
> > How come that never filtered through to the mainstream news media?
>
> Some of them carried the story, but it wasn't considered big news since
> Microsoft underreported its profits instead of overreporting them.
> Yesterday I saw an article on the overall subject which did mention
> Microsoft, along with GE, regarding the subject of companies that "manage"
> their earnings.

Seems like I remember a report that Enron did the same during their
California extortion.