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Is this the new Enron in the making?
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<blockquote data-quote="barnyard" data-source="post: 4432649" data-attributes="member: 13921"><p>Enron boosted their reported earnings by marking future earnings on financial reports. If they thought demand would be up, they added the profits from that forcasted demand. If it did not happen, they found other demand that they could made a profit on the forecast.</p><p></p><p>The story of what they did is really interesting, in a bend over and take it, kind of way.</p></blockquote><p></p>
[QUOTE="barnyard, post: 4432649, member: 13921"] Enron boosted their reported earnings by marking future earnings on financial reports. If they thought demand would be up, they added the profits from that forcasted demand. If it did not happen, they found other demand that they could made a profit on the forecast. The story of what they did is really interesting, in a bend over and take it, kind of way. [/QUOTE]
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Is this the new Enron in the making?
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