Thursday, December 07, 2006

Earnings Restatement

In Fannie Mae's spirit of fiscal honesty I too would like to revise my income from 2001 to mid-2004 downward by $6.3 billion. In fact my declared earnings of $6.3 billion over that time were overstated by approximately $6.3 billion.

My Internet connection is very slow this morning. Among the implausible explanations that initially spring to mind alongside the technically realistic ones when I think about such things is that since it's colder outside the network transmissions are becoming slower and more viscous.


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