So President George W. Bush has exercised the second veto of his presidency, this time to reject an Iraq war funding measure because it contained a deadline to begin the withdrawal of U.S. troops from the midst of an Iraqi civil war.
The first veto came in July, when Bush vetoed a bill that would [...]
By Ian Mylchreest
The gifts aren't exactly going away but when Station Casinos closes it's deal to go private, we won't be privy to the senior management's compensation packages. As Michelle Leder's footnoted.org noted, the filing was part of the hide-it-on-Friday-night dump at the Securities and Exchange Commission last week
There are some interesting numbers in Station's amended 10-K. Among them [...]
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Tuesday, May 1, 2007
Accounting woes strike subprime giant
By Ian Mylchreest
It's always bad news when you see "accounting" and "Enron" in the same sentence. Just so this time, reports the New York Times. New Century financial has been taking advantage of "gain on sale" accounting to inflate its profits and will have to do some restating to get right with the numbers.
The idea got going [...]
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