Originally Posted by
satchip
Financial reports and SEC filings are public record and can't be faked under penalty of law. The company can put their spin on the data, but the numbers are the numbers. I'm sure ALPA employs guys who know how to read a 10 something or other.
Many, many things about a company's finances are not reported on 10-K's or 10-Q's. These SEC reports are synopsis' not the general ledger.
Select ALPA leaders get to see "selected" items only under the proviso of a non-disclosure agreement. This is what Nerd was talking about I think.
Carl