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TBH I'm a bit underwhelmed by this fraud. I went in expecting some super-shady shenanigans only to see that VMware had done what literally all salespeople do wh
by shrikant 4y ago
TBH I'm a bit underwhelmed by this fraud. I went in expecting some super-shady shenanigans only to see that VMware had done what literally all salespeople do when they have a capped upside in relation to their targets.
- Closi 4y agoYes, and also on costs - who hasn't been in a company who tries to either pull cost forwards / backwards across financial years? This is effectively the same, just with revenue.
- hef19898 4y agoAnd both are illegal ubder Sarbanes-Oxley for public US companies. SOX came into being after Enron went bust for, among other things, doing exactly that. Because it is a very easy way to cook your books. If a company is doing it, it mounts to fraud and is a red flag.