XJO 0.30% 8,099.9 s&p/asx 200

monday monday, page-149

  1. 4,361 Posts.
    another example of what those bunch of crooks willing to do to cover their own.

    SEC Aims to Let Firms Explain Crunch Thorns
    By David Reilly and Kara Scannell
    Word Count: 945
    Just as companies are closing their books on another tumultuous quarter, regulators are working on a plan that would let them tell investors that things may not be as lousy as they seem.

    The Securities and Exchange Commission is expected to tell public companies that while they still need to use market prices for many of the instruments they hold no matter how bad those prices look, they can also give investors a wider range of the possible values for those securities.

    The guidance is aimed at giving investors more information about prices that are difficult to gauge because many ...

    http://online.wsj.com/article/SB120545073858135101.html

 
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