Monday, March 15, 2010

Balance Sheet Fraud (MarketTicker and Karl Denninger)

The MarketTicker and KarlDenninger is well known for their outspoken opinions.  I particularly like a lot of what is written, maybe not for the presentation and tone, but certainly for the details and efforts made to squirrel out the real news.  He has participated on a couple of radioblog programs talking about the Fraud, the Balance Sheet Fraud.  With Lehman's story making the rounds, this is something that deserves more attention.  As Karl references, this is more than Eron, and I will add WorldComm and Tyco and all of it all put together.  It has become a fundamental basis to modern business management, accepted and with many complicit about its real implications.  It certainly is at the center on my emotions and thoughts regarding what the path forward needs to be - one that is characterized by a little more Honesty, Integrity and Trust.  But sadly those are not abundant in this realm.




  • Upcoming Episodes

    We're All Lehman (Accounting Fraud)

    TickerGuy
    Date / Time: 3/15/2010 2:30 PM
    Category: Business
    Call-in Number: (718) 664-6286
    An ugly thought - what if we're not all Madoff, we're all Lehman? Balance sheet games are the worst, because they encompass all manner of embezzlement. Join us for a hard-hitting hour focused on the Jenner and Block report and what it means for your money - and the markets.
    Upcoming Episodes
    3/22/2010 2:30 PM - TBA

  • On Demand Episodes

    Original Air Date: 3/8/2010 2:30 PM

    More Balance Sheet Fraud: Its INTERNATIONAL!

    Greece, Spain, Portugal, Dubai, China, The US: They're all doing it. Barney Frank gets caught endorsing the scam in 2009, then bleating in 2010. The Euro Zone and China both are in this scam up to their necks. Of course so are we with Social Security and Medicare. We'll discuss why the economy cannot - and will not - truly recover until this is addressed, and what it means for stock valuations. You won't want to miss this one.
    Category: Business
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  • Original Air Date: 3/1/2010 2:30 PM

    Balance Sheet Fraud: Its Not Just For ENRON

    Oh no. ENRON was small potatoes. Now we have evidence that this sort of game was played by nations, including Italy. When one cannot trust a balance sheet, one does not lend. We'll explore this and the implications for the Euro, the Pound, and the markets.
    Category: Business





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