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To: Lorianne

The Chinese are worried about American acounting practices? I’d be a lot more worried about Chinese accountnig practices.


2 posted on 08/14/2012 1:21:56 PM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
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To: BenLurkin

Bingo!


4 posted on 08/14/2012 1:23:00 PM PDT by b4its2late (A Liberal is a person who will give away everything he doesn't own.)
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To: BenLurkin

That seems to be it. US regulations require certain accounting standards to be met if you are going to be selling your stock on a public exchange here. The Chinese seem to fear that they can’t (or possibly that an Obama administration might scapegoat them in a borderline situation). And so they’re buying their own stock back.


6 posted on 08/14/2012 1:24:44 PM PDT by HiTech RedNeck (let me ABOs run loose, lew (or is that lou?))
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To: BenLurkin

You said it...The ChiCom’s are NOT playing on the level.


15 posted on 08/14/2012 2:26:15 PM PDT by Michael Barnes (Obamaa+ Downgrade)
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To: BenLurkin

When I think China, I think Muddy Waters.


18 posted on 08/14/2012 3:41:49 PM PDT by 1010RD (First, Do No Harm)
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