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Banks Want To Suspend accounting Rule In Bailout - Oakland Press
washington — congress has embraced an idea to help prop up the financial system: give banks a break by letting them value their bad mortgage assets at a price they could fetch later, not now. lawmakers want the securities and exchange commission to ...
www.theoaklandpress.com

Investors Battle Fair Value accounting Suspension
institutional investors and the accounting industry on wednesday lashed out against potential plans to suspend rules used to account for banks' hard-to-price assets, saying it would deprive investors of critical information.
news.yahoo.com

Phillydeals: Phillydeals: Sec Eases Up An accounting Rule
the securities and exchange commission has changed course, easing an accounting rule just in time for banks to boost their third-quarter 2008 profit reports, which investors fear will be halloween-scary.
www.philly.com

As Companies Disappear, So Do Their Names On Arenas - Nashville Tennessean
new york — first the bursting of the dot-com bubble in the 1990s, then the accounting scandals earlier this decade, forced ballparks and arenas around the country to change their names. enron field became minute maid park, and names like psinet ...
www.tennessean.com

Former Aig Chief Blasts Group Over Potential Sale Of Assets - Insurancetimes.co.uk
former aig chief executive, hank greenberg, has hit out at the insurer for denying him the opportunity to bid for any businesses that may be put up for sale. greenberg left the company following an accounting scandal in 2005, but remains its largest ...
www.insurancetimes.co.uk

In Defense Of Mark-to-market accounting
poor mark-to-market accounting. lots of politicians, policy analysts and pundits are blaming it for our financial meltdown.
feeds.foxbusiness.com

Government To Clarify accounting Rules
washington -- federal regulators have clarified accounting rules for banks in a way immediately embraced by the industry, which has been seeking relief that could boost its balance sheets in the financial crisis.
www.delawareonline.com

Auto News In Brief: Gm Expects Gain - Detroit Free Press
general motors corp. said in a filing with the u.s. securities and exchange commission on wednesday that it expects to record a significant accounting-adjustment gain from revaluing the cost of future uaw retiree health costs in the quarter ended ...
www.freep.com

Critics Say accounting Rule Off Mark - Chicago Tribune
accountants are the latest group in the government's cross hairs, as congressional leaders renegotiating a $700 billion bailout package blame accounting rules for deepening the financial crisis. the problem stems from nobody knowing the real value of ...
www.chicagotribune.com

Sec accounting Rule Change Draws Fire
new york, oct. 1 (upi) -- the securities and exchange commission's new, relaxed accounting rules could give u.s. businesses too much leeway in assessing their assets, critics said.
www.upi.com

Comment: Sounding The Depths On accounting Standards
blaming accounting rules for the current financial crisis is a little like blaming a flood on how you measure the depth of the floodwater. entire asset classes have been submerged and whole banks have been swept away. that does not mean that changing the way we measure the depth the depth will magic the deluge away.
www.efinancialnews.com

Banks Want To Suspend accounting Rule - Daily Herald
washington -- congress has embraced an idea to help prop up the financial system: give banks a break by letting them value their bad mortgage assets at a price they could fetch later, not now. lawmakers want the securities and exchange commission to ...
www.heraldextra.com

accounting Officers Combining Businesses - Indianapolis Star
donovan & thomas and terry l. dillon cpa will consolidate their offices in danville and plainfield and move to a new office building at 5151 e. u.s. 36 in avon under the new name, donovan . for more than 36 years, donovan and partners have provided ...
www.indystar.com

Sec Loosens accounting Rule Banks Blame For Crisis
under intense political pressure, regulators for securities and accounting standards this afternoon issued what they called a "clarification" to provisions that have come under fire from bank executives and some lawmakers for contributing to the credit crisis.
www.washingtonpost.com

Clarification Of accounting Rule Sparks Debate
the securities and exchange commission on tuesday clarified its position on controversial bookkeeping rules, thrusting arcane accounting practices into the center of the credit crisis debate.
www.usatoday.com

U.s. Fair-value Moves Draw Canadian Scrutiny - Globe And Mail
canadian regulators are considering whether to issue new accounting guidance after their u.s. counterparts granted banks and other companies more flexibility in applying controversial rules that are being blamed for exacerbating the market crisis ...
www.reportonbusiness.com

Details Of What The Eu Is Proposing - International Herald Tribune
the european commission, the executive arm of the eu, on wednesday proposed tougher capital requirements for banks so they could better withstand rocky markets, particularly to back up riskier operations like turning some forms of debt into ...
www.iht.com

Mccreevy Supports Switch To Fair Value accounting
accountancyage.com, in the wake of the global financial crisis, charlie mccreevy, eu internal market commissioner, has proposed a switch to rules on fair-value accounting if other parts of the world do...
feeds.vnunet.com

(afx Uk Focus) 2008-10-02 08:24 Italy Says accounting Rules Merit Discussion
rome, oct 2 (reuters) - italy's economy minister giulio tremonti said accounting rules merited discussion amid the global financial crisis rocking markets.
www.iii.co.uk

Sweeteners Entice Lawmakers Back To Bailout Plan - Fox News
washington — bit by bit, lawmaker by lawmaker, forces in favor of the massive financial rescue plan rejected just days ago are turning around the tide of opinion in congress. they're using goodies, phone calls, old-fashioned arm twisting. they ...
www.foxnews.com