Obviously GAAP rules are not the end all and be all of reality but this article seriously made me step back and marvel at the audacity of some of the companies.

Obviously GAAP rules are not the end all and be all of reality but this article seriously made me step back and marvel at the audacity of some of the companies. Loose accounting seems to present before every bubble stretching back to the East India Company. We are certainly headed for a correction of some kind.