Hazy accounting

Walsh, Jim
December 2008
Liberty (08941408);Dec2008, Vol. 22 Issue 11, p7
The author comments on the impact of the U.S. economic downturn and the government bailout of some banks on businesses that depend on borrowing to make payroll. He argues that a business that needs to borrow to make payroll was already in trouble before the credit troubles started. He advises such businesses to lay off some staff.


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