Fresh Air on Corporate Accounting Scandals

Terry Gross interviewed Alex Berenson on Fresh Air yesterday:

Alex Berenson is a financial investigative reporter for the New York Times. In his new book The Number: How the Drive for Quarterly Earnings Corrupted Wall Street and Corporate America, Berenson examines the corporate scandals at Worldcom, Halliburton, Computer Associates, Tyco, and others, looking at practices that were common to all.

I usually enjoy Fresh Air, and I especially enjoyed yesterday’s show. The interview is about 20 mins, but it really goes into some of the nuts and bolts of “creative accounting” methods — but in terms that regular people can understand.

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