Leadership in Finance: Fortinet’s Ken Goldman
What can a CFO do about an economic crisis? "Don't waste it," says finance veteran Ken Goldman.
Charter, the Junk Bond Champ, Goes Bankrupt
Charter Communiciations, which issued more junk debt in the past decade than any other U.S. company, finally collapses.
Chipping Away at Intel’s Seemingly Good News
Perhaps looking for any uplifting news in dire times, some media outlets praised the chipmaker's $7 billion announcement without doing all of the math.
Geithner: Bailout Banks Must Lend
The Treasury Secretary today unveiled a plan that puts severe restrictions on banks receiving federal funding, aims to restart frozen securitization markets, and implicitly backs fair-value accounting.
SEC to Get Tougher on Corporate Wrongdoers
In a direct rebuke to her predecessor, newly appointed SEC chairman Mary Schapiro reverses policies that made it harder to investigate corporations or levy fines against them.
Deals: High on Drugs
In our M&A roundup for the final week of January, two huge drug company acquisitions pep up merger activity in an otherwise dreary month.
Huge Changes in Store for Financial Statements
Thought the economy wreaked havoc on your financial statements? Wait until FASB gets through with them.
Pro Forma Distractions at Satyam
Despite U.S. GAAP reporting, pro forma performance measures and family ties made Satyam a black hole for ordinary investors.
Flexible Accounting: KPMG UK Offers Staff a Four-day Week
KPMG's UK offices propose the possibility of a four-day work week as a cost-saving measure designed to avoid layoffs.
GAO: Fix Our Broken Regulatory System
The Government Accountability Office compiles a history of regulatory failures and proffers some general suggestions on how to fix them.