GM settled that whole SEC Accounting "thing." [WJR]

Delphi's kinda like that kid in class who never seems to be able to get his math homework in on time, with assignment after assignment piling up on top of each other. One day, the kid finds himself with a seemingly insurmountable mountain of homework and missed assignments to do. And then he's gotta choose — do all of …

One would think with the eyes of the SEC already firmly afixed upon you, now would not be the best time for accounting misstatements to come to light. Or maybe it is, how would we know? Our version of accounting is figuring out how many drinks we had the night before by the number of fingers we can see in front of us…

The hoons of Pedro are hootin' and hollerin' for some reason tonight, but we're pretty sure it's not because of the latest dish outta the RenCen: GM has revised its earnings statement for 2005 to include an additional two billion samoleons to the tally, bringing the total to a cool $10.6 bil. The discrepancy is…

Aggressive accounting or fraud? That's what the Securities and Exchange Commission is trying to determine a part of an ongoing investigation into accounting practices at General Motors. The Federales have their plasma sights (and subpoenas) honed in on the company's accounting practices related to transactions with…