From the financial scandals surrounding Dutch grocery retailer Ahold in 2003, decide which headlines and paragraphs are from the media and which are from Ahold's press release. Why?
1. Ahold announces significantly reduced earnings expected for 2002
Ahold
Media
Correct
Incorrect
2. Financial statements for 2000, 2001 and interim results 2002 to be restated
3. Ahold shares tumble
4. CEO and CFO to resign
5. Dutch grocery retailer's probe finds overstatement of roughly $500M
6. EUR 3.1 billion new funding commitments obtained to support liquidity position
7. CEO, CFO out the door
8. Enhanced focus on debt reduction