Experts worry that 'phony numbers' missleading investors -- AP, Business

[bsteadman]

AP analysis: Companies 'adjust' profits more in their favor

Associated Press
Bernard Condon, AP Business Writer
6/8/2015

Excerpt:

NEW YORK (AP) -- Those record profits that companies are reporting may not be all they're cracked up to be.

As the stock market climbs ever higher, professional investors are warning that companies are presenting misleading versions of their results that ignore a wide variety of normal costs of running a business to make it seem like they're doing better than they really are.
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View the complete article at:

http://hosted.ap.org/dynamic/stories/U/US_FUZZY_MATH

[AMERICAN ADVOCATE]

>>> " IT HAS ALWAYS BEEN THUS " <<< Big corporations in AMERICA and all over the world have always
been guilty of this and other tricks and fraud . It will never change .