Tuesday, November 08, 2011

Corruption all over

Wow, I am a little stunned about learning that Olympus has been hiding investment losses for 20 years!  That is pretty amazing feat of accounting and collusion by so many people would be required to pull this off.  I don't have any witty commentary to add, I just cannot believe that they where able to hide it for so long.

6 comments:

  1. 20 years of book cooking? As shady as that is, it's pretty impressive.

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  2. It is pretty amazing, though I am not surprised their business is failing.

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  3. Not that surprising to me, corporations gonna corp.

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  4. wow.. that is just wow

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  5. come from belgium, a "socialist" country... every year a corruption affaire apear ... hardly always it's a "socialst" minister that have make "a mystake"...

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