When accounting goes unaccounted for
“Because of the way the value of sports franchises generally appreciates each year in the marketplace, each owner is in it for the holy grail, and that is to sell the team eventually when they realize very nice capital gains.”
~ Brian Beerman of Beerman, Piper & Associates LLP insists that championships are NBD.
“The point is that I’m not a real small businessman, but I play one in anti-tax propaganda.”
~ The Professor was a little too sarcastic the first go round.
“If we can’t get converged (on financial instruments), it would suggest the convergence effort is going to be challenged and questioned on a significant basis.”
~ FASB member Tom Linsmeier levels with everyone on the FASB’s big test in the convergence process this fall.
“It looks like Gap is schilling for Lipitor.”
~ Dhani Mau, over at our sassy (former) sister site Fashionista, avoids the ED drugs.