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Old 28th Nov 2007, 03:08
  #45 (permalink)  
WhaleFR8
 
Join Date: Oct 2006
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Why did I expect any thing else.

Sorry but if you put something forward as fact then you need a reference. Being an engineer and as well educated as you are you should know that. What you mean to say is that in your OPINION the Polar purchase is not the primary reason for the AAWW bankruptcy.

Just as in my OPINION (as inferred earlier) the need to upstream money and form a holding company was the reason for the improper GAAP on the balance sheet. And why did they need to do this - oh yeah, to purchase Polar.

I stand by my opinion.
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