The financial crisis has exposed a number of flaws in the worldwide financial system. One obvious flaw is mark-to-market accounting as it is applied to banks and other financial services firms. If ...
When Congress passed the financial bailout bill in October, it ordered the Securities and Exchange Commission to study whether market value accounting's pro-cyclicality has exacerbated the economic ...
Rob Miller had a life-changing, “why not me?” moment a few years after graduating from a local university. He was at work one day at a large local company, where he felt he was going nowhere fast, ...