Accounting Fraud Prompts $580 Million Write-Down at CAT - Accountingweb.com

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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=AFQjCNFOjrl8NtewLZKZpfs3i3 yCPMzk1Aamp;url=http://www.accountingweb.com/article/accounting-fraud-prompts-580-million-write-down-cat/220829img src=//nt2.ggpht.com/news/tbn/9iHNc8I9j5t2dM/0.jpg alt= border=1 width=80 height=53 /br /font size=-2Accountingweb.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=AFQjCNFOjrl8NtewLZKZpfs3i3 yCPMzk1Aamp;url=http://www.accountingweb.com/article/accounting-fraud-prompts-580-million-write-down-cat/220829bAccounting bFraud/b Prompts $580 Million Write-Down at CAT/b/abr /font size=-1bfont color=#6f6f6fAccountingweb.com/font/b/fontbr /font size=-1Underscoring the importance of performing extensive due diligence before investing in the world#39;s second largest economy, construction equipment giant Caterpillar got burned to the tune of $580 million on its roughly $734 million investment in ERA b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGvhiclxaZHtESPtKzpMP c_e_yOrwamp;url=http://www.businessinsider.com/accounting-fraud-at-caterpillar-chinese-subsidiary-2013-1Caterpillar Shares Are Falling After It Reveals A Big Accounting Problem At A b.../b/afont size=-1 color=#6f6f6fnobrBusiness Insider/nobr/font/fontbr /font size=-1a 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.phpCaterpillar discovers bfraud/b in Chinese subsidiary, shares drop 1.5%/afont size=-1 color=#6f6f6fnobrShanghaiist/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=AFQjCNGkieDg2WbxRtly_STm_n aGVXjZxAamp;url=http://www.mining.com/chinese-fraud-takes-10-off-caterpillars-2012-earnings-34574/nobrMINING.com/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFIqdqbsgDEZRqwkVZER3 BXK7Rbzgamp;url=http://www.chicagobusiness.com/article/20130118/NEWS05/130119733/caterpillar-finds-accounting-problems-at-china-unitnobrCrains Chicago Business/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=d0imgjwLm6B-Y3Mtv6ymBdYyQfauMamp;ned=en_zanobrball 255 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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