That, says the court, is precisely why Microsoft adopted such heavy-handed methods (described at length in the findings) to stifle this danger.

ECONOMIST: Antitrust on trial

And note that this is the situation among companies that have already adopted proper accounting methods.

ECONOMIST: Worse to come

Chinese banks were not, in the main, exposed to toxic Western debt and, perhaps more importantly, never adopted dangerous Western methods of hiding risks.

ECONOMIST: China's financial system