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The FAS 159 Mulligan A loophole in a new fair value accounting standard had investment advisors pushing clients to hide losses from investors. But most companies remained principled.

Marie Leone, CFO.com | US
May 8, 2007

Protectionism: Gentlemen:

If one is to believe that the true motive for independent status is simply greed then no amount of government protectionism/intervention will prevent the phenomenon. If however we have endorsed a leadership with a belief that does not embrace capitalism as a viable economic structure we will continue to regulate its legitimate form out of exsistance. In balance we are ultimately a nation of individualists or fools. Often I'm confornted with actions endorsing the possibility of the latter yet find hope in those offshore that would want to try their hand at experiencing the former.
Optimistically yours,
Stephen Hampe The Hampe Company, Inc.
An independent consultant; Posted by Stephen Hampe | May 9, 2007 7:28 AM ET

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