Visit Random Roger's Big Picture

Mid Morning

Posted on June 30, 2008

I've never understood the concept of window dressing or more correctly how anyone can get away with it, assuming it actually goes on.A manager this quarter who bottom fished at the wrong time in financials and made a big bet on Ford (F) and GM is going to have horrible numbers for the quarter. When the results are reported to clients and they show a 10% lag (just to make up a number) for the quarter with no financials and no autos I think an investor might be more concerned. How did you do so badly with energy and materials? Is there never that kind of questioning? My hunch is that it would b...

Original article link