Bill Pflanz said:
Good story, Steve. It also indicates what has happened to a good concept gone bad.
. . . [deleted for space]
Unfortunately, not all adopters of MBO did the same.
Bill Pflanz
. . . [deleted for space]
Unfortunately, not all adopters of MBO did the same.
Bill Pflanz
It sets me in mind of an old folk cautionary tale - don't set the fox to guard the hen house!
This is the point where the cost accountants and financial internal auditors are supposed to jump up and shout, "Not on my watch!"
What, no jumpers?
Oddly, although these are cases of blatant fraud akin to kickbacks, ghost payrollers, and forged time cards, we never hear of prosecutions or firings for them.
