PDA

View Full Version : Caterpillar CEO Takes Blame for China Fraud - New Tang Dynasty Television



FraudNews
01-29-2013, 09:51 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=AFQjCNEpdYwDwulGKXu9X_1Tsj SpGonLZgamp;url=http://ntdtv.org/en/news/china/2013-01-29/caterpillar-ceo-takes-blame-for-china-fraud.htmlimg src=//nt3.ggpht.com/news/tbn/p0gg7azDai1ByM/0.jpg alt= border=1 width=80 height=45 /br /font size=-2New Tang Dynasty Television/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=AFQjCNEpdYwDwulGKXu9X_1Tsj SpGonLZgamp;url=http://ntdtv.org/en/news/china/2013-01-29/caterpillar-ceo-takes-blame-for-china-fraud.htmlbCaterpillar CEO Takes Blame for China bFraud/b/b/abr /font size=-1bfont color=#6f6f6fNew Tang Dynasty Television/font/b/fontbr /font size=-1The accounting bfraud/b will reduce Caterpillar#39;s fourth quarter earnings by about 87 cents per share. Shoddy accounting practices by Chinese firms is problematic for US investors. Last December, the US Securities Exchange Commission charged five major b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFmGtgPP0wxcr96pj-oW8pwVQby7Aamp;url=http://www.globalpost.com/dispatch/news/business/companies/130128/caterpillar-earnings-china-fraud-US-companiesCaterpillar earnings hit by China bfraud/b; estimates cautious for 2013/afont size=-1 color=#6f6f6fnobrGlobalPost/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFqC9Ot6cJWtgSmjl-i0KOos4SqdAamp;url=http://www.cnbc.com/id/100408972Caterpiller Earnings Hit by China bFraud/b; Cautious for 2013/afont size=-1 color=#6f6f6fnobrCNBC.com/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNETmuymhTu4VIIq3Oqp3n gHIAusjwamp;url=http://economictimes.indiatimes.com/news/international-business/caterpillar-profit-weakened-by-high-inventory-china-fraud/articleshow/18224337.cmsCaterpillar profit weakened by high inventory, China bfraud/b/afont size=-1 color=#6f6f6fnobrEconomic Times/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFaeNuyjabMtVvOnefDn_ T1oNTkGwamp;url=http://www.scmp.com/business/companies/article/1137901/ex-chairman-firm-linked-caterpillar-fraud-dismayednobrSouth China Morning Post/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=dhXrMAMlgNY61FMR0ZQJGV0snDA5Mamp;ned=en_z anobrball 98 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

More... (http://news.google.com/news/url?sa=tfd=Rusg=AFQjCNEpdYwDwulGKXu9X_1TsjSpGonLZg url=http://ntdtv.org/en/news/china/2013-01-29/caterpillar-ceo-takes-blame-for-china-fraud.html)