"It's not debt, it's what they owe, and it's not hidden, if you dig you can find it."
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Wait, I thought you were joking, but after reading the article, it’s actually exactly what they are saying!
Quite reminiscent of Enron, though obviously not the same.
https://en.wikipedia.org/wiki/The_Smartest_Guys_in_the_Room_...
I can't believe they wrote a sentence that contradicts it's own claim.
Creative accounting explained