“I continue to count on good sense and wisdom to trump short-term political advantage.”
~ Ben Bernanke, who may be right out of his mind.
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“This is a logical process. But it is slow.”
~ Thomas Jones, Director of the Center for the Study of International Accounting Standards at Pace University and former vice chairman of the IASB, on the SEC’s announcement that it’s sorta on board with the move to IFRS.