Civil War In Corporate America: Banks Battling The Chamber On Accounting Rules »

Posted By Radiofreeeuropa 2 weeks, 3 days ago in News

1 of 1

Amid the ongoing financial regulation overhaul, the banking industry is hoping to pull off a quiet power grab that has eluded its grasp since the Great Depression, by stripping the independence of the board that sets financial accounting standards. The move could effectively let banks set their own accounting standards in rough economic times.

Read Full Story at huffingtonpost.com »

351 Views Share Story 6 Comments Report

Submitted By:
Radiofreeeuropa

All progress comes from unreasonable people.
Rats live on no evil star!
Wasilla: All I saw...
Sorry, just palindroming around with terrorists.
Are you still ...

Other Related Articles:

RSS Join the Discussion

+ Add Comment
Comments So Far: 6 (view all)
- Display
  • 100%
    Radiofreeeuropa2 weeks, 3 days ago

    This comment is below the standard viewing threshold View It »

    This would be disastrous. What is obviously needed is more independent monitoring not less.

    (comment_max_expanded_depth : 2) (comment depth : 2) (recursion depth : 1) (max_comment_reply_depth : 40) (comment_max_render_depth : 3)
    Reply

    1 Reply

    loading loading ...
  • 100%
    truthiness2 weeks, 2 days ago

    This comment is below the standard viewing threshold View It »

    with friends like these...

    (comment_max_expanded_depth : 2) (comment depth : 2) (recursion depth : 1) (max_comment_reply_depth : 40) (comment_max_render_depth : 3)
    Reply
    loading loading ...
    • 100%
      Progressive2 weeks, 2 days ago

      This comment is below the standard viewing threshold View It »

      If this comes to pass, all you can do is put your head between your knees and kiss your assets goodbye.

      (comment_max_expanded_depth : 2) (comment depth : 2) (recursion depth : 1) (max_comment_reply_depth : 40) (comment_max_render_depth : 3)
      Reply
      loading loading ...
      • 100%
        minnieh62 weeks, 2 days ago

        This comment is below the standard viewing threshold View It »

        This is very unfortunate. But as least I exposed one of two banks that I use. Even though I was told that I would not get my money back that they took from my account through a money laundering organized crime ring by closing the account and denying me online access or any further inquiries within the bank. I lost that time just hoping justice will prevail eventually.

        (comment_max_expanded_depth : 2) (comment depth : 2) (recursion depth : 1) (max_comment_reply_depth : 40) (comment_max_render_depth : 3)
        Reply
        loading loading ...
        • 100%
          rimbaud2 weeks, 2 days ago

          This comment is below the standard viewing threshold View It »

          We wouldn't have had the financial meltdown if we had allowed a few creative accounting practices...

          (comment_max_expanded_depth : 2) (comment depth : 2) (recursion depth : 1) (max_comment_reply_depth : 40) (comment_max_render_depth : 3)
          Reply
          loading loading ...
          View All 6 Comments

          Add a Comment

          Sign In With Your Propeller Account

          Forgot your password?

          Please keep your comments relevant to this story.

          To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.

          More News