"L-3 Communications Holdings Inc. on Thursday disclosed accounting irregularities linked to an aerospace logistics support contract, signaling it would take an initial $84 million pretax charge as it cut its full-year profit guidance."
Still think the layoffs are over?
Missed earnings. Investigations. Buffoons. Glad my resume is up to date.
Sounds like the former Attorney General of the State of Louisiana is looking into whether L-3 and its officers or directors violated any laws or manipulated financial information. The public deserves to know if L-3 misrepresented any information to the detriment of its shareholders. Strianese better find a good lawyer, as should all those Ivory Tower crooks. Meanwhile, the line employees will suffer for the mistakes of their masters.