The Small Wave.

The SEC says that the company should have disclosed to investors that it was drawing on these reserves, but did not. And it claims that, at their peak, the exclusivity payments from Intel represented 76% of Dell’s quarterly operating income, which is a breathtaking figure.

It's bad enough Dell never did particularly well after Dell's return, but now we discover it would have been even worse had it not been for "accounting shenanigans" through the use of "cookie-jar reserves" made up of Intel's money.