In today’s changing world, new products and services are introduced almost daily. Products that were used everyday just a short time ago are now obsolete. And the rest are in the process of becoming obsolete.
Getting up to change the channel, using carbon paper, creating documents on a typewriter: These are all once common tasks that […]

If only we would fix the present mark-to-market fair value accounting (FVA) standard, than everything would fall into place, and our economic problems would disappear. That’s the position many executives, associations, and companies are taking concerning FVA. What is mark-to-market FVA? It takes the current market value of an asset and adjusts it accordingly on […]

Reflecting on “Investors See a Glimmer and Shares Soar Worldwide” in the March 13 New York Times, the recent one-week stock market run-up has some of the experts (the same ones that missed the whole downturn) tripping over each other telling us the worst is over. They say we’re on the way to a 4th […]

The latest in the line of businesses seeking government handouts is the commercial real estate industry (see following WSJ article “Knock on ‘Opportunity’: Sharp Losses”). Where should the government’s demarcation line be for underwriting the bad loans, mortgages and losses permeating the commercial real estate industry? How does it differentiate between who to help and […]