when did profit become....

[ElFenix]

something other than revenue - expenses?

or were worldcom and enron simply lying about that?

 

[geekender]

They basically took debts and booked them as accounts receivable to show a profit, and held off the expenses or hid them with creative accounting.

 

[ElFenix]

if i were to do something like that they'd probably throw me in jail.

speaking of debts, i need to pay my credit card bill...