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The first personal computer PC Newsgroups: Wed, 02 Mar If they were taxed less, or not taxed, they could either pay more dividends or their stock price would go up, increasing the values of everyone's retirement and any other investments they might have.
Tax individuals or tax corporations, but taxing both seems like double taxation. More likely, they could give a really nice raise to the CEO and a pretty good raise to the rest of the executive suite.
That seems to be where all the corporate tax cuts since the Eisenhower administration have gone. Then there is all the stuff with heavy leveraging that played a major role in the financial disaster.
Then there are the rating agencies It also eliminated any motivation for unregulated loan originators to care about borrower's qualification or loan quality they got their money immediately regardless Recently there were reports that traders in various institutions were churing their triple-A rated toxic CDOs portfolies The massive amount of triple-A rated toxic CDOs might possibly bring down the institution, but the enormous personal compensation appeared to eliminate any concern about such events.
The role that repeal of Glass-Steagall had to play was that too-big-to-fail regulated depository institutions now had unregulated investment bankers that could deal in triple-A rated toxic CDOs and carry them off-balance in addition to do loads of portfolio churning with other institutions.
There had been a few transactions for aggregate of several tens of billions that had gone for 22cent on the dollar. One of the other details that the FED has been forced to release mentioned that the FED has been buying up these off-balance assets at 98cents on the dollar in addition to providing trillions of dollars at near zero percent.
In the wake of ENRON, congress passed sarbanes-oxley which supposedly significantly strengthen the auditing for public companies as well as penalties for falsification.
However, all this required SEC to do something. The major purpose of the fraudulent filings were to boost executive bonuses Two more scary words: Evaluate your level of Spreadsheet risk http:For all weight classes except Peewee, individual eggs are subject to a weight minimum: no egg must be so light that a dozen of the lightest would weigh less than one ounce below the minimum.
DEFINITION of 'eXtensible Business Reporting Language - XBRL' eXtensible Business Reporting Language is a standard that was developed to improve the . • all companies which were hitherto covered under the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, (which were require to file AOC-4 XBRL for the financial year commencing on or after 1st April using XBRL Taxonomy)or.
Free Essay: Abstract This research paper will discuss Extensible Business Reporting Language (XBRL).
The SEC is now requiring companies to submit financial. The Securities and Exchange Commission has adopted rules that will require companies to provide their financial information in interactive data format using eXtensible Business Reporting Language (“XBRL”), a computer language that defines or “tags” data using certain standard definitions.
Details Report for: - Accountants. Analyze financial information and prepare financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.