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Old 01-05-2005, 12:27 PM  
Drake
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Join Date: Mar 2003
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Krispy Kreme Stocks Plummet; Scandal

It seems the overhyped doughnut franchise is caught up into accounting problems

http://money.cnn.com/2004/12/16/news...py_kreme.reut/

http://www.msnbc.msn.com/id/6722675/

Another case of cooked financial books with those at the top running away with all the money when the fraud is revealed. Krispy Kreme was always overrated so none of this surprises me. They sell doughnuts for goodness sake.

I wouldn't be surprised if someday soon coffee shops like Starbucks and Second Cup aren't found to be involved in similar activities. They're also extremely overhyped/overrated.
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