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Brookfield Asset Management Inc. Message Board

  • benfmd benfmd Feb 8, 2013 8:22 AM Flag

    Accounting issues at BAM? Anyone have info?

    Herb Greenberg mentioned that there may be accounting issues at BAM in addition to the recent bribery charges from Brazil. He mentions it a the end of this video:

    http://video.cnbc.com/gallery/?video=3000146319&__source=yahoo%7Cheadline%7Cquote%7Cvideo%7C&par=yahoo

    Anything to this story? If it is true it could be very bad news.

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    • Haven't looked into it, but Herb Greenberg is a slime. He's basically a shill for short sellers.

      • 1 Reply to tennee98_99
      • Yes, Herb Greenberg is slime. He has been part of a number of coordinated short attacks on various companies. You can't believe anything he says.

        On the other hand, coordinated short attacks can have impact. (Although they usually go for smaller prey than BAM--like Green Mountain Coffee and HerbalLife--shorts consistently gear up for Walmart and fail. However, one has to respect the recent Apple "Kill.")

        Greenberg is more likely looking for press time connected to BAM's Brazil issues.

 
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