who kept the books on the titanic ????

talk about deck chair games

Posted by: paine | Link to comment | October 01, 2008 at 11:39 AM
transparency

i suggest some central data base
where all official limited liability
corporate books
are kept
and are open to public viewing 24/7
in real time

like limited liability corprate advertisements are now

how we incentivize the taboo
on a second set of books
sans falsifications

i'll leave to the mechanism builders
pat
i agree
when reviewing a balance sheet
if its not clear and its an asset
its worthles
if its not clear and its a liability
its prolly worth
more then the last quarters earnings
paine says...
these are all attempt to juggle away insolvency

tighten the rules till the buggars scream
for uncle to throw em a life raft
then move in and take over in the name of the people