Guest oldschoolwrestling Posted November 8, 2002 Report Posted November 8, 2002 WWE Says Finds 'Suspicious' Fiscal Transactions STAMFORD (Reuters) - World Wrestling Entertainment Inc., home to pro-wrestling stars such as "The Undertaker," said it has uncovered "suspicious" fiscal transaction related to an affiliated New York complex. The Stamford, Connecticut-company said that, in September, it identified several "suspicious financial transactions" in connection with the operations of The World, its entertainment complex in Times Square in Manhattan. Kenton Jenkins, former General Manager of The World, on Friday was arrested in New York, in conjunction with an investigation by local law enforcement, the company said. A WWE news release did not identify the charges against Jenkins. The company said it does not believe that these matters will have a material effect on its operations.
Guest converge241 Posted November 8, 2002 Report Posted November 8, 2002 suspicious and material are contrary terms in the accounting/finacial world something dont gel material differences in reporting of tranasctions, by nature, do not affect anything and should not raise any suspicions
Guest oldschoolwrestling Posted November 8, 2002 Report Posted November 8, 2002 THIS, my friend, is why ratings are down.
Guest razazteca Posted November 8, 2002 Report Posted November 8, 2002 spinoff THE WORLD.....too much expansion is not going to make WWE Inc. stock look good.
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