And what about an eventual switch to International Financial Reporting Standards?
I'm against it. I'm not aware of any analyst screaming for it, or any mutual fund saying "Man, I can't make an investment decision; we have to go with IFRS." Here too, make it optional, don't force it. If you want to stick with the gold standard, the BMW, go with U.S. GAAP. If you want to downgrade to a Hyundai, go with IFRS. Then let the marketplace decide, not a bunch of bureaucrats.





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Super Heater
Dec 6, 2009 11:28 PM ET
Was This a Real Question?
"How do you feel about working for a coal company, considering global warming and all the environmental … more
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