] ] At least one senator hopes Congress will let the new rule
] ] stand. "The issuance of FASB's new rule marks a victory
] ] in the decade-long battle to reform an egregious
] ] accounting practice that contributed to the worst
] ] corporate accounting scandals in our nation's history,"
] ] Illinois Sen. Peter Fitzgerald said in a statement
] ] Thursday. "In the aftermath of Enron, WorldCom, Global
] ] Crossing, Tyco, Adelphia and other corporate scandals,
] ] Congress should be trying to ensure that corporate
] ] earnings reports are more, not less, reliable."
] You sir, are an idiot. The Enron, Worldcom, Global Crossing,
] Tyco, and Adelphia scandals are NOT the result of lacking
] stock option reporting. They are ALL the result of rampant
] corporate greed and misuse of company funds WITHIN the
] company. It had nothing to do with stock options in any of
] these cases.
More fringe bullshit from the master of such fallacy. Flynn, get your head out of your ass and start learning for a change. By the way, your little catch phrase "You sir, are an idiot" is missing a comma, proving just who the real idiot is. By the way, no one has elected your dumb ass to office yet. You are a fat, slovenly nerd who had nothing to show for himself. Please go die.
] Thank you FASB for setting the US back 30 years in its ability
] to compete, innovate, recruit and retain supreme talent, and
] generate wealth for those willing to work hard for it. Now
] we'll just have a system where the top execs get ALL the
] wealth created in an enterprise. Good job.
I hope it drives you into poverty, shithead. Would love to see your cow wife working the corner of a Vegas alley.
RE: Stock option expensing required next year