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back to article Restatements HURT. Just ask global mega distie Tech Data how it's going for them

The world's second-largest wholesale distributor of technology products, services and solutions, Tech Data, was not the first firm to restate its financial results – and it may not be the last. But in a post-Enron world, with the associated heavy controls and accounting rules introduced after that massive accounts fraud scandal …

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On a mono-rail

Buy, assimilate, cut cost, buy, assimilate, cut cost, buy assimilate, cut cost - tougher every time and the margin's shrunk to pain.

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