Friday, July 22, 2011 9:40:05 PM
The media credit issue is that they could not be listed as assets, their value never changed.
The media credit issue is about the complete lack of integrity of financial information, intentionally put forth by a company in order to grossly overstate it's net worth.
This was not an honest mistake, it was a calculated risk taken by a highly intelligent individual. We will now see if it was worth the risk.
Damn Right I've Got the Blues.
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