January 05, 2005

A Doughnut Box Full of Lies

The latest company to restate its earnings due to accounting irregularities? Krispy Kreme. Its stock has plunged and an SEC investigation is even underway.

Enron. Adelphia. Tyco. Worldcom. Global Crossing. The executives of these companies may have enriched themselves by stealing from their employees and shareholders. But even Dennis Kozlowski's legendary toga party wasn't as gluttonous as your average trip to Krispy Kreme. Yum.

Posted by Stephen Silver at January 5, 2005 10:42 PM
Comments

Tried their donuts once...they didn't seem like anything special...

Posted by: jaws at January 5, 2005 10:49 PM

NO! not Krispy Kremes! What will the world of gluttonous and sugar-starved people do!?

Posted by: Josephine at January 6, 2005 12:03 AM

That is why I am all about the DD! Dunkin Donuts!!!

Posted by: A at January 6, 2005 02:59 PM

Expanded too quickly, too soon. Doh!

Posted by: Funnya at January 6, 2005 07:43 PM

looking to see if there's a tyco shareholder out there who'd let NBC talk to them on camera on reaction to a tyco verdict when it happens. email me and we can chat some more. any leads would be greatly appreciated.

Posted by: Vicky at June 11, 2005 03:48 PM
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