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Author: Jazzenjohn1 Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 109  
Subject: Re: Do you think it is going to Bankrupt? Date: 3/18/2006 3:54 AM
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here's a post I did a couple weeks ago, BEFORE Dana went under

http://boards.fool.com/Message.asp?mid=23754142

Notice the similarities to what is happening at Lear. Also note that the CFO at Dana has retired but is continuing to "consult" there for $35,000 a month. Lears CFO just left not long ago too. Notice the wording in Dana's 10K about "More likely than not" and how it is entirely number manipulation of the books, Then check this out

http://ir.lear.com/EdgarDetail.cfm?CompanyID=LEA&CIK=842162&FID=950124-06-1078&SID=06-00

Scroll down to page 29 table of contents section and read about the 1 Billion dollar Goodwill impairment charge. Check the wording in paragraph 3 where they discuss impairment charges too. See if any of it sounds familiar...

Let me know what you think now.
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