This article discusses why you should expand your exposure to European stocks. Specifically these six companies: Allianz, AXA, BASF, Danone, Publicis Groupe and Wolseley.
“The law also requires corporations to undergo expensive audits that duplicate the audits they were getting already. This provides employment for accountants, the same profession that failed to uncover the cooked books at Enron and WorldCom. It raises audit costs by 74%, according to a study by Baruch College professors Aloke Ghosh and Robert Pawlewicz.”
This story appears in the January 21, 2013 issue of Forbes. Read full article.
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