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SEC charges TheStreet.com with accounting fraud

By: capt_nemo in WRGO | Recommend this post (0)
Tue, 18 Dec 12 4:14 PM | 164 view(s)
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From Talking Biz News The Securities and Exchange Commission charged digital financial media company TheStreet.com and three executives for their roles in an accounting fraud that artificially inflated company revenues and misstated operating income to investors. The SEC alleges that TheStreet Inc., which operates the website TheStreet.com, filed false financial reports throughout 2008 by reporting revenue from fraudulent transactions Any content specified as Talking Biz News content
is the intellectual property of Talking Biz News. Any copying,
republication or redistribution of such content, including by cacheing,
framing or similar means, is expressly prohibited without the prior written
consent of Talking Biz News.

2012-12-18 12:23:20

Source: http://www.talkingbiznews.com/1/sec-charges-thestreet-com-with-accounting-fraud/
http://www.talkingbiznews.com/1/sec-charges-thestreet-com-with-accounting-fraud/




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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