Saturday, January 14, 2012

Who said and when ? "Financial crisis is not the real but it is an Accounting adjustment."?

Today , it is proved that he was right in Oct 2008. He was knowing well. Thanks to a great man of USA.



Eighty percent of companies have tax heaven- including Citi , Bank of America ,AIG, GM and ; which had shown loss ,applied for bail out and received $350 billion.



It is nothing but an Excellency of Finance and Accounting.



( Wait for my answer)Who said and when ? "Financial crisis is not the real but it is an Accounting adjustment."?
Sounds to me like something Alan Greenspan or possibly Bernanke might have said.
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