This month on the 13th I will be taking photos in front of city library and also I will be having a photo shoot on the 21th on the city lake. Come down and see what I can do get your picture taken. Hope to see you there.Important Note
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RECAP FROM MARCH 2009
Accounting Rule Changes Creating False Rally in Financials
On Friday, a veteran Wall Street analyst predicted that, despite recent gains, bank shares now incorporated significant further upside. “Within weeks, we will see major changes to mark-to-market and fair-value rules,” she told CNBC. “The changes will enable the banks to rationalize solvency ratios in the current climate, to get on with their business and to post higher operating profits.”
Her comments followed a day after the House Financial Services subcommittee warned the Financial Accounting Standards Board (FASB) and the SEC in no uncertain terms to alter the manner in which assets are valued within weeks or face legislative action on the issue. (The SEC interprets and enforces FASB standards).
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Trade discount rates showing HIGHLY UNSTABLE period ahead
