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The financial industry meltdown has been the worst since the great depression. BNET Financial provides daily industry trends and news coverage with insights for managers and executives about the major financial services companies in the banking and finance sector. In addition to detailed company profiles, we bring you industry analysis on new mergers, partnerships, financial products, rates, investments, capital, and a host of other critical factors of success in the finance business.

'Mark to market' accounting should stay, SEC report says

LA Times | 328 days 2 hours 2 minutes ago

Bankers who've been seeking Congress’ help to suspend "mark to market" accounting rules lost a battle today: The staff of the Securities and......

Read the complete story at LA Times

Web Buzz:
  • A Strike-of-Midnight Change to Fair Value

    CFO - 328 days 13 hours 26 minutes ago

    Standard-setters have thrown their fair-value critics a bone in the waning days of 2008, a year that will be remembered by accounting professionals...

  • Global Crisis Group Offers Integrity Backstop

    CFO - 327 days 19 hours 36 minutes ago

    The newly established Financial Crisis Advisory Group — a heavyweight board made up of current and former regulators and financial-services...

  • SEC: Fair Value's Savior

    CFO - 327 days 17 hours 20 minutes ago

    The Securities and Exchange Commission, as expected, has decided not to suspend mark-to-market accounting — against the wishes of many banking...

 

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