Home Criminal Defense GE’s Feel-Good Accounting, Which Invented 6.2 Billion Fake Dollars, Costs Company 200...

GE’s Feel-Good Accounting, Which Invented 6.2 Billion Fake Dollars, Costs Company 200 Million Real Ones

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GE can’t afford very much in any respect lately, so it most likely goes with out saying that the $200 million examine it now has to chop to the SEC isn’t perfect. Of course, it most likely ought to have considered that earlier than instituting accounting practices—should you might be so beneficent as to call them “practices”—that had extra to do with its former CEO’s relentlessly positive ethos than anything approaching reality.

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