Top 10 Business Stories of 2012
This would be the year when the global economy finally regained its vigor. At least that's what many had hoped. It didn't happen. So what were the top ten business stories of 2012?
Peter Svensson
'Liar, Liar,' Says the Buyer: Firm HP Acquired Misled It About Finances
Hewlett-Packard said that British company Autonomy, which, it bought for $10 billion last year, lied about its finances, resulting in a $8.8 billion write-down of the value of the business. But HP is avoiding using the word "fraud" to describe the fictional bookkeeping.