Lower U.S. automaker production has really been putting a hurting on Delphi's bottom line, and then there's that little accounting scandal. The CFO of Delphi has stepped down after disclosure that Delphi had overstated its cash flow by $200 million in 2000 and $61 million in 2001. In this post-Enron world, its not good to be on the wrong side of the SEC. Delphi's credit rating has been hit hard as well as its stock, which tumbled 14 percent on Friday's trading. A temporary successor has been named but Delphi is on the lookout for a new CFO. We're not too sure on the long-term prospects of the job though.

Share This Photo X