The SEC should investigate & treat this just like any other stock-kiting accountancy fraud.
Agree with that. You should know that the Audit Bureau of Circulations allowed Tribune to conduct its own audit of the LA Times at the same time.
http://www.voy.com/119804/277.html
Doesn't that mean that both teams were working with the same LA Times people, at the same time? Now how is the Bureau going to maintain the integrity of its audit under those circumstances?
Inquiring minds want to know.
Sounds like 'Enron Accounting' ...