Thursday, September 29, 2011

DOJ investigates Chinese companies...

The U.S. Department of Justice has launched an investigation into possible accounting fraud at Chinese companies listed on U.S. stock exchanges. The involvement of the DoJ adds investigative firepower to the SEC and the FBI, which have already been probing Chinese companies for over a year.


Really??  I can't imagine that some of these Chinese companies might be fudging their numbers.

No comments: