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Bankers to blame or bad accounts?
This involves monitoring activity from "known bad accounts" and "fanning out" to others related to them.
As one long-time market-watcher puts it: "You don't get $430m in bad accounts with all stellar clients".Mr Flowers, however, expresses confidence that his consortium, which includes several other buy-out firms, such as Texas Pacific Group, can turn Refco's operating businesses around.
Like all other hospitals, Universal has been grappling lately with rising bad accounts from uninsured patients.
But 30 million new paying customers will offset losses from bad accounts, which last year totaled $3.3 billion at HCA.
Indeed, the number of bad accounts that got removed in 2018, nearly 1 million, was double the figure in 2017, and that would mean the bad ads are not hitting the network in the first place.
Similar(51)
Global Imbalances or Bad Accounting?
But this is bad accounting.
Of course, many colossal bankruptcies involve bad accounting.
Behind bad lending is a lot of bad accounting.
It's a failure of democracy, not just bad accounting.
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