"'[R]eally, when you get down to it, the guys at Enron never would have done this. This is so blatant, so extreme,' Gates said of state governments' accounting practices generally. 'Is anyone paying attention to some of the things these guys do? They borrow money -- they're not supposed to, but they figure out a way -- they make you pay more in withholding to help their cashflow out, they sell off the assets, they defer the payments, they sell off the revenues from tobacco.'"
Thursday, March 03, 2011
Bill Gates On States' Accounting: 'The Guys At Enron Never Would Have Done This'
Bill Gates On States' Accounting: 'The Guys At Enron Never Would Have Done This':
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment