11. Not to mention that board-room minutes show that the board approved the outside partnerships by which Enron was concealing debt and inflating profits. 12. Now federal investigators are looking into whether Enron executives inflated profits and hid debt to drive up the share price so top executives could meet performance goals. 13. Short-sellers say such information could demonstrate whether Tyco was inflating its profits. 14. Spectrum Information Technologies Inc. agreed to settle Securities and Exchange Commission allegations that the company schemed to inflate its profits and issue unregistered stock. 15. The company filed for bankruptcy protection last December amid reports that executives inflated profits and hid losses with off-balance-sheet partnerships. 16. The company disappointed Wall Street by also announcing that the third-quarter profits were inflated by a pharmaceutical joint venture with Merck. 17. The three companies would have lost money last year had they not changed their depreciation calculations to inflate profits. 18. Then he combs balance sheets and income statements, seeking clues that a company is inflating profits or faking sales. 19. To inflate their profits on long-term contracts, he said, many energy trading companies appear to have made dubious assumptions about future power prices. 20. What supervisor could possibly be oblivious to a bond trader inflating profits by hundreds of millions of dollars? |