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by knowsnothing613 5191 days ago
My accounting buddy says 'Material Weakness' is code for accounting fraud.

If so, it explains why Andrew Mason and Eric Lefkofsky massively cashed out pre-IPO, and may have left everyone else holding the bag.

2 comments

I'm an accountant. And it is fraud.

Andrew Mason is basically a newer version of Bernie Madoff. Except Andrew publicly runs a ponzi scheme... AND overinflates share valuation to pump & dump his shares.

LOL.

If he and his CFO aren't in jail over this... I don't know what! There goes investor confidence...

f me!

Hey, everyone got a Starbelly t-shirt out of the deal...