NEW YORK (AP) — Those record profits that companies are reporting may not be all they're cracked up to be.As the stock market climbs ever higher, professional investors are warning that companies are presenting misleading versions of their results that ignore a wide variety of normal costs of running a business to make it seem like they're doing better than they really are.
The police should investigate crime, even their own. And the press should keep everyone scrutinized and honest. But who will investigate the hijacking of the fourth estate for propaganda? But then, when was anything ever the way it was meant to be?
ReplyDeleteThere is a season. Turn. Turn. Turn. ...
ReplyDeleteThere is bad news. Spin. Spin. Spin.
Clear Mind. Critical Mind.