Acts that are designed to mask the true financial performance or position of a company. Financial shenanigans can range from relatively minor infractions involving creative interpretation of accounting rules to outright fraud over many years. In almost every instance, the revelation that a company’s stellar financial performance has been due to financial shenanigans rather than management prowess will have a calamitous effect on its stock price and future prospects. Depending on the scale and scope of the shenanigans, the repercussions can range from a steep sell-off in the stock to the company’s bankruptcy and dissolution.
Noise Trader Risk
Revenue Act Of 1862
Tax Identification Number - TIN
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|16:00||ECB President Mario Draghi Speaks|
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|20:30||BOE Deputy Governor for Markets and Banking Sir David Ramsden Speaks|
|00:30||RBA Assistant Governor Michele Bullock Speaks|