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It can't be good for consumers or investors when a company can increase profits by merely "adjusting" its WIP as we saw with Quindell. Its far too easy in our profession. The larger the ABS, the easier it becomes to fabricate those profits. Shareholders/managers get out early with huge gains and small investors/banks and staff (AKA the general public) lose out. I appreciate most ABS' are managed well but the temptation will always be there for the likes of Mr Terry et al.