Their unique accounting practices are now on public display for all to see. And their dirty little secrets are coming back to haunt corporate America. The billions of dollars in overstated revenue is just the beginning, some say.
Xerox’s overstated revenue of $6.4 billion is the latest blow to corporate America in what has become a dizzying parade of accounting missteps.
Investors now sit around the dinner table betting whether the worst has come out in corporate America’s earnings fabrication scandal.
This week Q Line wants to know: “Is more scandal to unfold in this mess? Is this the time to invest?
Call (310) 285-8106 with your response before Thursday at 5 p.m. We’ll print them in Friday’s paper. Please limit your comments to a minute or less; it might help to think first about the wording of your response.
Originally published in the Santa Monica Daily Press print edition on July 3, 2002. Read the original PDF.