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Tuesday, December 18, 2007

Feds' Financials Flunk, Again

By Marie Leone, CFO.com | USDecember 17, 2007

"If the federal government was a private corporation and the same report came out this morning, our stock would be dropping and there would be talk about whether the company's management and directors needed a major shake-up," said Walker. He also noted this was the 11th year in row that GAO was unable to express an opinion on the consolidated financial results submitted by the Treasury Department.



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