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View Full Version : Chinese coal equipment fraud takes almost 10% off Caterpillars 2012 earnings - MINING



FraudNews
01-19-2013, 08:33 PM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGkieDg2WbxRtly_STm_n aGVXjZxAamp;url=http://www.mining.com/chinese-fraud-takes-10-off-caterpillars-2012-earnings-34574/img src=//nt1.ggpht.com/news/tbn/4fqhVoMIREWHYM/0.jpg alt= border=1 width=80 height=67 /br /font size=-2MINING.com/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGkieDg2WbxRtly_STm_n aGVXjZxAamp;url=http://www.mining.com/chinese-fraud-takes-10-off-caterpillars-2012-earnings-34574/bChinese coal equipment bfraud/b takes almost 10% off Caterpillar#39;s 2012 earnings/b/abr /font size=-1bfont color=#6f6f6fMINING.com/font/b/fontbr /font size=-1Caterpillar Inc. (NYSE:CAT) announced late on Friday that it will take a charge of $580 million related to accounting bfraud/b at a recently acquired Chinese company. Caterpillar – the world#39;s largest heavy equipment manufacturer – said it was writing b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNECSt9VlQuB56sktH6Rwk mwVEGvigamp;url=http://www.reuters.com/article/2013/01/19/us-caterpillar-siwei-idUSBRE90H1C520130119Caterpillar writes off most of China deal after bfraud/b/afont size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=dBpZUIiWKsILHPMgj1n9Lo4cEIvMMamp;ned=en_z anobrball 167 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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