The Full Feed from HuffingtonPost.com: Caterpillar Probe Reveals Deliberate 'Accounting Misconduct' At Chinese Unit

The Full Feed from HuffingtonPost.com The Full Feed from HuffingtonPost.com

Caterpillar Probe Reveals Deliberate 'Accounting Misconduct' At Chinese Unit Jan 18th 2013, 23:43 PEORIA, Ill. -- Caterpillar Inc. said Friday that it found deliberate "accounting misconduct" at a recently acquired company in China. The U.S. based construction and mining equipment company has removed several managers at the company and will take a non-cash $580 million charge in the fourth quarter tied to the misconduct. Read More...

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