Tag Archive for: Fictitious

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Cooking the Books – How S&P 500 Companies Are Reporting Fictitious Earnings

by Jason I. Henderson, Ph.D. As the name implies, there are 500 companies that comprise the S&P 500.   Of those 500 companies, as reported by the Wall Street Journal,  a paltry 29 closed their books for 2015 exclusively using the U.S.…