The link below takes you to an article in the NYT regarding unintelligible executives. When the SEC passed Reg FD, companies started opening up their conference calls to "average Joe" investors and business press in addition to analysts. When executives entertain questions and sometimes when they are not scripted, they may meander off into obfuscation. This article contains a few recent examples.
http://www.nytimes.com/2005/11/09/business/09chiefs.html
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