Agree- a poor excuse for a president of the USA
BTY--PNC is a smokescreen---borrowed this from the Fool

Hard-to-decipher financials. The Economist magazine sums it up better than I can:

The financial results of companies that global investors wish to buy into can be as unintelligible as the dialect spoken in the company town. It is said (with apparent sincerity) that some Chinese firms keep several sets of books -- one for the government, one for company records, one for foreigners and one to report what is actually going on.

In fairness, this was written a couple of years ago and Chinese financials are a bit easier to understand now. And there's no doubt that American companies also do not make available the books we'd really like to see. And the ones we can see aren't necessarily easy to decipher -- especially financials ranging from Freddie Mac (NYSE: FRE) to PNC Financial Services (NYSE: PNC).