The politics of progress; cleantech, the economy, antiwar
(Image from ConceptArt.com Environment of the Week Contest for Potemkin Village. The artists, unlike our government, know what they are creating is fantasy and not real. And they’re not being duplicitous.
Amendment could neuter FASB
Bob has asked for my comment on the proposal to move control of FASB from the SEC to the bankers. Here [...]
The too often overly compliant Financial Accounting Standards Board could actually be growing a spine and may recommend that financial instruments be recorded at fair market value and not marked-to-fantasy.
This is a serious big deal. Banks will fight to the death against this being implemented. Let’s hope FASB wins and some measure of actual reality [...]
