Title: Dirty pooling and polluted purchase

Authors: Aida Sy; Tony Tinker; Abraham Briloff

Addresses: Critical Accounting Projects Inc., 77 Bleecker Street, Suite 305W, New York, New York 10012, USA ' Department of Accountancy, Baruch College at the City University of New York, Box B12:225, One Bernard Baruch Way, New York, NY 10010, USA ' Deceased; formerly of: Department of Accountancy, Baruch College at the City University of New York, One Bernard Baruch Way, New York, NY 10010, USA

Abstract: It speaks to the credit of our dear friend, Abe Briloff, now departed, that his works continues to resonate with financial debacles that we continue to witness today. His mode of analysis is instructive to all students and scholars as to how to dissect financial failures, past and present. It is to Abe's endless credit that his work was conducted while for the past 50 years, he has been clinically blind.

Keywords: Briloff; Leasco; dirty pooling; polluted purchase; Ajax Aero-Computer; Gulf & Western; SEC; business combinations; pooling of interests; purchase accounting.

DOI: 10.1504/IJEA.2015.069934

International Journal of Economics and Accounting, 2015 Vol.6 No.2, pp.105 - 124

Available online: 16 Jun 2015 *

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