Banner
Home Forums Movie Theaters The Back Office Lest We Forget Which Industry Invented "Creative Accounting
Welcome, Guest
Username: Password: Remember me
  • Page:
  • 1

TOPIC: Lest We Forget Which Industry Invented "Creative Accounting

Lest We Forget Which Industry Invented "Creative Accounting 23 Jul 2002 15:53 #23370

  • muviebuf
  • muviebuf's Avatar
  • OFFLINE
  • Platinum Boarder
  • Posts: 686
  • Thank you received: 1
  • Karma: 0
AMC Entertaiment became the lastest company to admit to some "uncustomary accounting procedures" when it was revealed today that it had forgiven 19.8 Million Dollars in loans to Peter Brown, its Chairman and CEO and its CFO Craig Ramsey. It also admitted that its first quarter loss was "wider than originally estimeated". Shares dropped 30%.
The administrator has disabled public write access.

Re: Lest We Forget Which Industry Invented "Creative Accounting 23 Jul 2002 17:31 #23371

  • Mike
  • Mike's Avatar
  • OFFLINE
  • Administrator
  • Posts: 5011
  • Thank you received: 40
  • Karma: 15
argggggggggggggggggggggg! Is nothing sacred. I guess what's great about all this is that it will mean better accounting in the future. For now: it hurts.

Michael Hurley
Impresario
The administrator has disabled public write access.
  • Page:
  • 1
Time to create page: 0.181 seconds
attraction attraction
attraction
attraction
attraction
attraction