CFOs React: PG&E’s Chris Johns
The finance chief of California's largest utility company spoke with CFO.com Thursday about how it is coping with the turmoil in the capital markets.
Who Moved My Cheese? Kraft Joins Dow
With AIG taken over by the feds, Kraft Foods takes the insurer's former slot in the Dow Jones Industrial Average.
SEC: “Breaking a Buck” Won’t Break a Bank
The regulator rushes to counter bank fears that propping up the one-dollar value of money markets might put those mutual funds on bank balance sheets.
Lehman Reaction, Now Only a Trickle, Could Flow
Early regulatory filings suggest that the fallout isn't severe — yet.
Fed Rescues AIG in $85 Billion Takeover
Fearing a disorderly failure of AIG, the government lends the struggling insurance giant $85 billion in exchange for an 80 percent equity stake and steep interest charges.
Blame It on the Bull: B of A Downgraded
The Merrill acquisition puts more pressure on Bank of America's capital, which was "already strained" by the Countrywide acquisition, says Standard & Poor's.
What’s Your ARS Worth?
A look at the various ways companies are dealing with the financial joke that is auction-rate securities.
Feeling for the Bottom
CFOs shift their expectations for a recovery to a later date as more companies report feeling the pinch of the credit crisis.
International Accounting Standards Board Chairman Sir David Tweedie
The overseer of a coming accounting revolution opines on U.S. companies' inevitable, eventual shift to IFRS.
Caution: International Accounting Ahead
The SEC's 'roadmap' for U.S. conversion to international reporting standards is marked by caution, as are some initial responses from observers.
Who Should Write the Rules?
Comment letters responding to a recent FASB proposal suggest that the accounting standard setter should leave the writing of new accounting rules to its international counterpart.