GM Makes Large Accounting Mistake.

coaster.n3rd · 03-31-2006, 09:40 AM

http://news.yahoo.com/s/wdiv/20060331/lo_wdiv/3366654

Quote:

GM owed Jack Paulis, owner of Paulis J.R. Industries, $1,900, But through an apparent accounting error, transferred nearly $4 million into Paulis? account, Local 4 reported.

Maybe they misplaced $8 Billion somewhere.

**T-Type** · 03-31-2006, 09:49 AM

I find it very dissapointing that no one at GM seemed to care about the money until the media got involved. I know 4 million is peanuts to them, but it still is a nice chunk of money. I hope somebody got repremanded over this.

Kudos to Mr. Paulis for being honest and trying to return the money. Lots of people would have said nothing and hoped GM would not figure it out.

03-31-2006, 09:49 AM	#2 (permalink)
T-Type GMI Staff Member Join Date: Mar 2004 Location: Chicago, IL. Posts: 3,255	Re: GM Makes Large Accounting Mistake. I find it very dissapointing that no one at GM seemed to care about the money until the media got involved. I know 4 million is peanuts to them, but it still is a nice chunk of money. I hope somebody got repremanded over this. Kudos to Mr. Paulis for being honest and trying to return the money. Lots of people would have said nothing and hoped GM would not figure it out.

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Remove Advertisements Sponsored Links
GM Inside News Forum Advertisement

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)