If Cisco's financial practices bring about the collapse of its house of cards, this would have enormous implications for US pension funds because so many of them pile money into Cisco's stock. Parish notes with suspicion that PriceWaterhouseCoopers audits Cisco as well as most of the major pension funds investing in Cisco. The prospect of a possible collapse in the US pensions system, triggered by a Cisco collapse, is an overwhelming argument for fiscal reform.
IT giants who don't pay tax part 1: how Cisco does it
Some how the BBS mixed up my post and put it here instead of OT
IT giants who don't pay tax part 1: how Cisco does it
Some how the BBS mixed up my post and put it here instead of OT