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Berkshire Hathaway unit accused of fraud

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Berkshire Hathaway unit accused of fraud
Topic: Business 4:10 pm EST, Jan 15, 2004

] One of Warren Buffett's companies is fighting charges it
] helped a customer cook its books.
]
] For insurance gumshoes it's as improbable a scenario as
] finding a man with a smoking gun standing over a corpse.
] The scam is for a company to lend money to another but
] call it "insurance" instead so the borrower doesn't have
] to put debt on its balance sheet. The problem is, the
] perpetrators are usually smart enough not to put any
] incriminating stuff in writing.

Berkshire Hathaway unit accused of fraud



 
 
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