A Huffalump did his business here...: Buffett Alerts Managers to Temptation of `Accounting Gimmicks'

Tuesday, October 10, 2006

Buffett Alerts Managers to Temptation of `Accounting Gimmicks'

Billionaire investor Warren Buffett told senior managers at Berkshire Hathaway Inc. to resist the temptation to use ``accounting gimmicks'' to manipulate earnings as U.S. regulators broaden their probe into stock options backdating.

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