2000-05-17 17:05:39+02 by Dan Lyke 0 comments
So I've got a silly question: What's a reasonable punishment when a company like AOL "borrows" from its shareholders without their knowledge via "irregular" accounting, like calling advertising capital costs? It's plain that the gamble paid off, and real impositions on the company would hurt the investors, but not doing anything is just encouraging deceitful business practices. Heard on NPR, this link via Tarsh.