Exposed: The S&P 500 Earnings Fraud

by Michael Covel
Daily Reckoning

A new research report has corporate America and Wall Street reaching for damage control…

Marketwatch recently conducted an in-depth analysis of the top 50 companies in the S&P 500. And what they found was widespread corruption.

An overwhelming majority of America’s blue-chip companies are purposefully promoting false earnings.

It’s a sleazy scheme that makes executives rich while masking the true financial state of corporate America.

Continue Reading at…