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Tag Archives: economics
Accountants to Cause the Banking Crisis
Via Martin Varsavsky, I find a WSJ article where Steve Forbes gives a provoking view on the roots of the Banking Crisis. Mark-to-market or “fair value” accounting for financial institutions was re-established in 2007 in USA. The Financial Accounting Standards Board … Continue reading
Telecom Slowdown? Seven Reasons for Hope
We have seen recent announcement of job cuts in almost all Telecom and Tech companies, including Microsoft and Google only to name those that are new to those announcements. GigaOm recently echoed a recruitment firm report that estimated almost 200,000 … Continue reading
How much Governments need to intervene in business?
The Economist.com debate of this week was about Governments making things worse by intervening to regulate business and financial risk. I am surprised by the result of the debate, with “interventionist” winning by a slight difference. In my view, we have … Continue reading