Thursday, June 29, 2017

Testimony Confirmation

Here is a Wall Street Journal article from yesterday.  The article discusses the securities fraud trial against former American Realty Capital Partner CFO Brian Block.  I had always assumed Block and former ARCP chief accounting officer Lisa McAlister were acting either direct or implied orders.  McAlister's testimony at the trial has confirmed this, but her acknowledgement of past lies does not help her credibility.  This is an ugly mess.

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