from Rolfe Winkler:

Lunchtime Links 12-8

December 8, 2009

(Reader note: still working on the bugs....please click "continue reading" to see all the links)

from Rolfe Winkler:

Amendment could neuter FASB

November 7, 2009

Sarbox isn't the only regulatory regime under threat. As Ryan Grim writes over at HuffPo, an amendment has been introduced that would put FASB under the thumb of the new systemic risk oversight council, and give the council the power to literally do away with inconvenient accounting rules that pose a problem for banks.

from Rolfe Winkler:

America’s Japanese banks

August 17, 2009

A banking system loaded down with hundreds of billions of dollars worth of unrecognized bad debt -- Japan in the 1990s? No, it’s the United States today.