Forensic Accountant Types Join the Mob, from Vince Fulco
Very interesting post on Buffet from the "accounting watchdog" Francine McKenna. She writes:
On the way to writing this story, I realized some disturbing things about Berkshire Hathaway and how Buffet runs it. So anxious are some to annoint gurus, sages, and oracles, that they overlook some of the worst corporate governance practices I have ever seen. And Buffett's Berkshire doesn't like to be told how to do its accounting, either. I'm writing about that next for Forbes.