Circular financing and various forms of booking sales ahead of or for future delivery are things that have caught up with other companies in the past and/or were straight-up SEC violations. Enron is an example.
Does Jensen's replacement have the industry connections, clout (or bully factor depending on perspective) and appetite to continue the circular financing? Its the CFO I think that is replacing him and they may have objected to these things all along and might have been over-ruled.
>Circular financing and various forms of booking sales ahead of or for future delivery are things that have caught up with other companies in the past and/or were straight-up SEC violations. Enron is an example.
But circular financing isn't illegal, unlike all the other things you listed