July 06, 2002
Kuff: Your low-cost, can't-do-any-worse answer at CEO

Kevin points to this KTRK story of how Reliant Energy had to restate its earnings yesterday. Seems they somehow managed to overstate them by, uh, $7.8 billion.

I guarantee, if I were CEO, I wouldn't lose that much money. One billion, maybe two billion tops, and I'd save you a ton in salary, perks, and golden parachutes. Come and get me, Corporate America, while you still can!

Posted by Charles Kuffner on July 06, 2002 to Bidness