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financial rationale


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US Rationale on Non-Audit Services Limitation

The limitation aims to provide investors with financial information from a publicly-listed firm that has reliability and integrity which has undergone scrutiny from auditors. Thus, auditor’s independence from the audited firms are crucial for investors to place their money on such firms and prevent adverse speculations (like collusion or bribery)...

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If you fund it, they will come (up with a rationale)

Is it just me, or have others noticed the sudden rash of stories from Mexico that are peripheral to the “military/police v narcotics exporter” stories, but still involve narcotics… and suggest remedies that require funding? The scandal goes back a while, but CISEN (the Mexican version of the CIA) Director Guillermo Valdés — who was already [...]

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FCR consultant Zimbalist (in 2003): "no rationale" for federal subsidy of projects like AY arena

Ever wonder why Forest City Ratner consultant Andrew Zimbalist, the esteemed sports economist, titled his report (first issued in May 2004) on the developer's project Estimated Fiscal Impact of the Atlantic Yards Project on the New York City and New York State Treasuries? Well, the report was aimed at getting city and state officials to back the project. And they did, like lemmings--as did

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An Unholy Union

Yesterday the Knesset passed a new law that, at first blush, seems to be a good thing: Since the founding of the State, successive Israeli governments have been illegally funding haredi (ultra-Orthodox) schools with a wink and a nod. Technically,...

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GE and Mubadala Announce Global Partnership - Interviews

LONDON, July 22 /PRNewswire-FirstCall/ -- In a video interview Jeff Immelt, GE Chairman and CEO, and Khaldoon Al Mubarak, Mubadala Development Company CEO and MD, explain the rationale behind the joint venture, Mubadala's planned shareholding in GE and the long term outlook for the partnership. The interview, transcript and vodcast are available now on . It's free to view. All you need to do is...

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Fingerprint registry in Senate housing bill — Battle moves to House

It is in times of national emergencies that measures infringing on privacy and civil liberties are advocated — and sometimes rushed through without even being discussed — even if they turn out to do little to solve the problem at hand. Then, when the emergency is over, the liberty-stealing measures remain. The current crisis at Fannie [...]

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Laws Against Outsourcing - Are They Necessary?

Often laws are passed to prevent or contain the undesirable effects of an economic activity. But sometimes the laws are more motivated by political considerations than economic benefits. The perfect example of this is outsourcing laws. The U.S. introduced outsourcing laws in 2005 in most of its 50 states in order to check the growing [...]

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Utilitarian Corporate Blog - Mint

Reshma Kumar of the Web Guild concurs with the WSJ that corporate blogs (in general) are unimaginative failures - a topic I blogged about a week ago, although she clarifies that B2B blogs fall into this category more than B2C. Here’s her rationale for saying so: Most corporate blogs would likely agree with the assessment that [...]

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For Canberra, the distinction between expensive university education and more economical technical training offered a compelling financial rationale. CASlN0 0NLlNE 1'000 US$ START B0NUS 2400.- start bonus, over 100 games, start winning now: Get your bonus now: - Visit us at http://www.win987654321com.com and download the free playing software - Register as guest or player. .....and get 2400.- start...

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Continental Rejects Schaeffler’s €11.2 Billion Offer

Germany’s Continental has rejected an 11.2 billion euro ($17.8 billion) takeover bid by automotive parts maker Schaeffler, The financial Times reported. Further, Continental called the smaller company’s method of stakebuilding unlawful. “The offer is highly opportunistic, does not come close to the true value of Continental, does not create trust and lacks a convincing strategic rationale,” [...]

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OFFSHORE TROUBLE

Another monthly report on import prices, and another monthly record high. If that sounds familiar, you're right. In fact, we can almost set our watch by the reliability of the trend these days. No wonder, then, that we've become a...

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Baird the “Lieberman of the Left Coast”

Image via Wikipedia Comes now a letter to the editor today in the Columbain re our Congressman Baird: FISA vote is last straw I recently heard, then read, about Congressman Brian Baird’s rationale for voting for the new FISA bill. What a bunch of half-truths. First, I am an independent. Baird has willingly changed his philosophy in recent years, [...]

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Is Now the Time to Buy a Gas-Hog Vehicle?

Here's an interesting piece from MSN Money. It asks if now is the time to buy an SUV, but the question can be expanded to all vehicles with low gas mileage. Here's their rationale: Manufacturers are offering discounts of $2,000...

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End of contribution limits near?

NY Times: The Supreme Court on Thursday struck down a law meant to level the financial playing field when rich candidates pay for their own political campaigns. The 5-to-4 decision, legal experts said, was significant for rejecting the rationale behind the law, known as the “millionaire’s amendment,” and for confirming the court’s continuing skepticism about the constitutionality of campaign finance...

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Deanna Stillman: Let's head off the horse thieves at the pass

This week, the Bush administration’s Bureau of Land Management dropped a bombshell: wild horses and burros, supposedly under its protection, may be euthanized.