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FASB Fair Value Proposal Brings the Hate

Posted on June 17, 2010 by Caleb Newquist

“In my mind you are largely responsible for the market collapse in 2007, 2008, 2009.”

~ John Sherman, in a public comment on the FASB’s proposed fair value rule, most of which are really, really, really not nice.

Posted in Quote of the DayTagged Fair Value, FASB

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Next: Accounting News Roundup: UBS Set to Release More Names as Standoff Ends; SEC Drops Cassano Inquiry; Levin, McCain Want Stock Option Gap Closed | 06.17.10

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Earlier this week, a recruiter told me a story about a job seeker who was already employed but looking to jump elsewhere. She interviewed with a firm that really loved…

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