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To begin with, a quick restatement of the obvious: with a new Gallup poll showing Mitt Romney leading President Obama by two percentage points among likely voters, and the latest Pew Poll showing him four points ahead, the G.O.P. candidate's audacious effort to relaunch himself as a Massachusetts moderate is going better than he, or anybody else, could have expected.
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Mr. Pitt said through a spokesman yesterday that he was proud of many of his accomplishments at the commission, including a quick followup to WorldCom's drastic restatement of past earnings.
But it bears restatement.
— Quick, quick!
His restatement was a long time coming.
Berengar's restatement of these views aroused severe opposition.
The earnings restatement is likely to be material.
The restatement cut net income for fiscal 2001 by 90percentt.
The company announced the potential restatement last month.
That is the practice that led to yesterday's restatement.
NorthPoint, based in San Francisco, attributed the restatement to bad debt.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com