Page 171 - Cfo News Today

Them in hot water. >> thats interesting because it occurred to me that making the misrepresentations to a bank or insurance company or -- would have itself been a problem in terms of your duty to be honest to those types of institutions when youre trying to get money out of them. out of them but it would also, as you say, undercut any claim they made that they were counting on professional advice in order to come up with these numbers. >> we dont know right now. both could be true. you know, it ...

Members. >> reporter: a shake-up at peloton, now taking the reins former cfo of spotify and netflix barry mccarthy. hes replacing pelotons co-founder john foley. >> peloton was one of the hottest home stocks of 2020. >> reporter: when sales surged early in the pandemic peloton reached a value of almost $50 billion, but the fitness company has struggled to maintain its momentum. its down 75% from its peak last year. why has the past year been so tumultuous for peloton? >> everyone was rushing to ...

Prosecuting people who are in positions of trust who cheat on their taxes. well, this is the poster child in the case. >> thats a very, very good point. im curious with the fallout here in both the firm, mazers, and what happens next in terms of dispositions. obviously this files in pursuit of disposing drums into over the dull children. it feels like it is in the greatest reputation all day for mazars, just in terms of business. >> well yes, theyve been trying to -- the public for so long. reme...

Their taxes. well, this is the poster child in the case. >> thats a very, very good point. im curious with the fallout here in both the firm, mazers, and what happens next in terms of dispositions. obviously this files in pursuit of disposing drums into over the dull children. it feels like it is in the greatest reputation all day for mazars, just in terms of business. >> well yes, theyve been trying to -- the public for so long. remember that long court case that was getting mazars records to t...

Consumers with money buying more stuff, supplies cant get it to you. and you have this depressing cycle, this spiral that just goes on. ill tell you why its particularly worrying, because eventually this feeds through to wages. people naturally, jake, want more higher wages, because theyre paying more for everything. the fed comes in, puts interest rates up, and et al. it all co >> 3m is the company at that makes n-95 face masks in addition to adhesives and office supplies. according to a transc...

Was, they are gone. so, donald trump now has in place, and i dont know the full scope of this, but another accounting firm. theyre down in texas. we dont know a lot about them. so hes at least, now, got something in place. but this is just a siren in terms of, you know, for your lenders when not only -- not only has your accounting firm resigned. your cfo has been indicted in manhattan court, criminal, as has the company. these things are not good. and this is going to roll over now into their l...

Impacting freedom loving nations including ours. brian: why using unuse leases why are you so lazy and why dongt you just drill? >> jen psaki and jacob havent been on oil site we love as we welcome you out to the basin last year it is oversimplifying drilling for oil and gas and many instance it is takes several months to prepare and complete a successful well. but when if you are a cfo or ceo of a successful oil company and you listen to the rett reck from your own president these last few year...

Agenda which is unfortunately impacting freedom loving nations including ours. brian: why using unuse leases why are you so lazy and why dongt you just drill? >> jen psaki and jacob havent been on oil site we love as we welcome you out to the basin last year it is oversimplifying drilling for oil and gas and many instance it is takes several months to prepare and complete a successful well. but when if you are a cfo or ceo of a successful oil company and you listen to the rett reck from your own...

Deliberately, but i mean it. the auditors, the lawyers, theyve all had these numbers for a while. theyre all kind of in ones a pegs of it. that doesnt mean that donald trump told the truth. his own auditors dont even say he told the truth. but it means his financial activities were hard to pin only on him. and none of this means there were never any legal consequences at all. the people jailed or indicted for their work for trump include the same companys lawyer, its cfo, the long-time former lo...

Apartment. make no mistake: this is not about the law, this is all about politics." donald trump will have been furious at the way he saw his chief financial officer treated today. the powerful moneyman of donald trumps business empire today led into court in handcuffs, surrounded by police — a heavy—handed and deliberate show of force by the new york authorities. the charge is being led by the district attorney cy vance. hed been hoping to flip mr weisselberg, so that hed work with prosecut...