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Posted in Finance, Microsoft at 5:41 pm by Dr. Roy Schestowitz
Summary: After the infamous IRS brawl comes another confrontation between Microsoft and the SEC, which is unhappy with Microsoft for seemingly cooking the books again
AS OUR longtime readers may know, Microsoft’s financial fraud is a good example of how certain companies with strong government connections essentially exist above the law. According to this new SEC correspondence (regarding filings), Microsoft tricks — same ones as those we have covered here for years — upset the regulators. Robert Pogson has already written about it and it comes at a time when Microsoft is under investigation by the IRS too. “I’ve been reporting that for years now and the SEC is concerned that investors may not be getting the full story because of the layout and detail of Microsoft’s filings,” he wrote.
=> ↺ Microsoft’s financial fraud | ↺ strong government connections | ↺ this new SEC correspondence (regarding filings) | ↺ he wrote
Microsoft got caught by the SEC even in the 1990s, whereupon it bribed the whistleblower to escape true accountability. It’s a “too big to jail” scenario. Microsoft’s financial practices have historically reaffirmed its status as a criminal, corrupt entity. Perhaps we are going to see more of that in months or years to come. Perhaps not, assuming Microsoft can pull some strings inside the government (with moles or nepotism, like those who help the Microsoft dodge tax). █
=> Microsoft got caught by the SEC even in the 1990s | ↺ help the Microsoft dodge tax
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