The Dell Debacle: How Serious is the Damage?

Iria · Aug 17, 2007, 09:14 PM

Source: BetaNews
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When a parent finds his child with chocolate on her cheeks saying she hasn't been sneaking candy from the pantry, he may find himself giving the oft-repeated lecture about how small lies are just as bad as big ones. If he then goes to work as the chief financial officer of a corporation, he might find himself in the position of explaining away accounting fraud as a minor deficiency in the context of a major company, reminding stockholders that corporate revenues are big and adjustments to those revenues, real or imaginary, are often small.

Aug 17, 2007, 09:14 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	The Dell Debacle: How Serious is the Damage? Source: BetaNews ________ When a parent finds his child with chocolate on her cheeks saying she hasn't been sneaking candy from the pantry, he may find himself giving the oft-repeated lecture about how small lies are just as bad as big ones. If he then goes to work as the chief financial officer of a corporation, he might find himself in the position of explaining away accounting fraud as a minor deficiency in the context of a major company, reminding stockholders that corporate revenues are big and adjustments to those revenues, real or imaginary, are often small.