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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>Wolf Richter: Corporate America's Excuses Rise as Earnings and Revenues Fall | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="HC9Z8nZgZr"&gt;&lt;a href="https://www.nakedcapitalism.com/2013/04/wolf-richter-corporate-america-excuses-rise-as-earnings-and-revenues-fall.html"&gt;Wolf Richter: Corporate America&#x2019;s Excuses Rise as Earnings and Revenues Fall&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2013/04/wolf-richter-corporate-america-excuses-rise-as-earnings-and-revenues-fall.html/embed#?secret=HC9Z8nZgZr" width="600" height="338" title="&#x201C;Wolf Richter: Corporate America&#x2019;s Excuses Rise as Earnings and Revenues Fall&#x201D; &#x2014; naked capitalism" data-secret="HC9Z8nZgZr" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>By Wolf Richter, San Francisco based executive, entrepreneur, start up specialist, and author, with extensive international work experience. Cross posted from Testosterone Pit.  Some of the crown jewels of corporate America have reported declining revenues and earnings, and have lowered their forecasts, and in doing so, have unleashed a flood of obfuscation and excuses &#x2013; from Easter falling on the wrong date to lazy sales reps.</description></oembed>

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