Tag Archives: FASB

Your Daily Dose of Financial News

BY: Michael D. Reif | April 4, 2019

Not shockingly, the White House’s recent insistence on keeping tariffs in place on China (to ensure deal compliance) is proving to be a major stumbling block in negotiations on a grand trade deal between the US and China. We’ll be keeping an eye on that dynamic as China’s Vice Premier Lui heads to the White … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | May 15, 2017

A series of cyberattacks featuring ransomware rocked the world this weekend, and the aftershocks “could linger” for a while –  NYTimes and WSJ and Bloomberg and Law360 Here’s how investigators combine new technology with “old-school sleuthing” to pursue the cybercriminals behind it all – NYTimes Also, the hackers’ demand for ransom payments in bitcoin helped … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | January 6, 2016

Incredibly, there’s more news from the FASB this week, which has announced that its dropping the accounting rule (dubbed an “Alice in Wonderland” measure) that “allowed stressed banks to book huge gains simply because they were stressed – NYTimes and WSJ 2015 was a mammoth year for US car sales, with “cheap gasoline, employment gains … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | January 4, 2016

Welcome back.  Let’s get right to it. With the new year only a few days old, there’s still plenty looking back going on.  Here’s some analysis of the monumental year in deals—all $4.7 trillion-worth—that was marked not only by the size and number of mergers but the complexity and creativity in their structures – NYTimes … Continue reading