Caterpillar discovers fraud in Chinese subsidiary, shares drop 1.5% - Shanghaiist

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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=AFQjCNHz3Kdv0LcRHXvvOgrg9X H2NPKOAQamp;url=http://shanghaiist.com/2013/01/22/cat_discovers_fraud_in_chinese_subs.phpimg src=//nt1.ggpht.com/news/tbn/Rcu3m7dXBdtAXM/0.jpg alt= border=1 width=80 height=53 /br /font size=-2Shanghaiist/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=AFQjCNHz3Kdv0LcRHXvvOgrg9X H2NPKOAQamp;url=http://shanghaiist.com/2013/01/22/cat_discovers_fraud_in_chinese_subs.phpbCaterpilla r discovers bfraud/b in Chinese subsidiary, shares drop 1.5%/b/abr /font size=-1bfont color=#6f6f6fShanghaiist/font/b/fontbr /font size=-1caterpillar.JPG Caterpillar Inc shares fell 1.5 percent after news broke that the machinery manufacturer discovered quot;deliberate, multi-year, coordinated accounting misconductquot; in one of its Chinese subsidiary companies acquired last June. The bfraud/b b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGW3I-sTkLh2hKxX01zBlTb7ypVmgamp;url=http://www.streetinsider.com/Corporate%2BNews/Caterpillar%2B(CAT)%2BDiscovers%2BAccounting%2BFra ud%2Ba%2BChinese%2BUnit%2BSiwei/8020954.htmlCaterpillar (CAT) Discovers Accounting bFraud/b a Chinese Unit Siwei/afont size=-1 color=#6f6f6fnobrStreetInsider.com (subscription)/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHbGi0dC_-1_i90JSJMwdMTId2oYwamp;url=http://www.nasdaq.com/article/cat-unearths-accounting-fraud-in-era-analyst-blog-cm209151CAT Unearths Accounting bFraud/b in ERA - Analyst Blog/afont size=-1 color=#6f6f6fnobrNASDAQ/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHUgG9Y-leGhR8ewv5e2MT_Vk0zEAamp;url=http://www.globaltimes.cn/content/757282.shtmlCaterpillar reveals bfraud/b at Chinese unit/afont size=-1 color=#6f6f6fnobrGlobal Times/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFmCTFFOqHRvKJGqb4OYx j1za93Iwamp;url=http://www.forbes.com/sites/simonmontlake/2013/01/21/alleged-fraud-at-caterpillars-chinese-acquisition-puts-spotlight-on-u-s-principals/nobrForbes/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHfGvX4uZSipEgOB_EN5U UNx0Qu4Qamp;url=http://www.businessinsurance.com/article/20130122/NEWS09/130129978nobrBusiness Insurance/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHZjTUR4hr0oHmoi9XPZp 4ZjIWTIQamp;url=http://www.khl.com/magazines/international-construction/detail/item82203/Fraud-at-new-coal-subsidiary-costs-Cat-US$580-millionnobrKHL Group/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=dONwAxsdAdy-I9M9DZLlqBeKrc1yMamp;ned=en_zanobrball 224 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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