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The Fed Reduces Their Economic Forecast
Wednesday, 18 February 2009
Fed Chairman Ben Bernanke announced today at a National Press Club luncheon that the outlook for growth ishaky_dollar2n the United States has suffered further erosion. Read more...
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GAAPSTER - Accounting, Finance, and Economic News
Total Economic Collapse
Monday, 02 February 2009 21:22

questionSo, exactly how close were we to total economic collapse during the month of September 2008? According to Representative Paul Kanjorski (D-PA), a senior member of the Financial Services Committe, we were very close to a global collapse on September 18, 2008.
 
The SEC Will Not Repeal SFAS No. 157
Saturday, 10 January 2009 20:11

On December 30, 2008 the Securities and Exchange Commission released the SEC Report to Congress on Mark-to-Market Accounting. This report, as widely anticipated, recommended against a suspension of Statement of Financial Accounting Standard Number 157, Fair Value Measurements (“SFAS No. 157”). Additionally, the report recommended against a suspension of existing mark-to-market and fair value requirements.

 
The SEC Recommends Improvements to Mark-to-Market Requirements
Saturday, 10 January 2009 21:07

On December 30, 2008 the Securities and Exchange Commission released the SEC Report to Congress on Mark-to-Market Accounting. This report included several anticipated recommendations for improving requirements for fair value measurements.
 
Responsibility for the Financial Crisis
Wednesday, 17 September 2008 14:20

An in-depth discussion ofthe various factors that led to the current financial crisis.

 

Global Stock Markets

 
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SymbolTradeChange% Chg
^DJI10,642.830.680.01%
^GSPC1,152.111.600.14%
^IXIC2,364.252.040.09%
^FTSE5,602.728.870.16%
^GDAXI5,938.8835.320.60%
^FCHI3,918.7527.840.72%
^N22510,721.71-30.27-0.28%
^HSI21,022.93-56.17-0.27%
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