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: Conglomerate

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By Gordon Smith, Christine, Hurt, Vic Fleischer, Fred Tung, Lisa Fairfax, David Zaring

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  • The SEC's announcement today about international accounting standards is basically a "we're still working on this" update.  But the report about the comments is interesting: "Commenters expressed widespread support for the goal of having a single set of high-quality globally accepted accounting standards, but differed in their views about the approach in the Proposed Roadmap."  I still find the American embrace of foreign accounting standards to be surprising, Via Securities Mosiac.
  •  Given how many law professors have joined the administration, the thing that surprises me about Goodwin Liu is that he's the first nominee from a faculty.  Bet he won't be the last.
  • Peter Orzag, Henry Paulson ... our economic regulatory titans are powered by Diet Coke.  It is good to know that it shouldn't do at least one of them in.  Via Marginal Revolution,

Full post as published by Conglomerate on February 25, 2010 (boomark / email).

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