Gapers Block has ceased publication.

Gapers Block published from April 22, 2003 to Jan. 1, 2016. The site will remain up in archive form. Please visit Third Coast Review, a new site by several GB alumni.
 Thank you for your readership and contributions. 


Tuesday, October 26

Gapers Block

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Accounting fraud is nothing new. I mean everyone knows its soooo turn of the millennium. Still this instance of a misrepresented hedge fund is notable for two reasons. One, the shear dollar amount missing, half a billion bucks, and two, the fund is run by the former chairman of the Merc.

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