2 results found related to Paul Kedrosky: Cliff Asness on the Current Crisis

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Obama fundamentally transforms the U.S.

9 hours ago ago from The Union News.

Steal and Reward: Public servants are the New Masters Bob Etheridge, in one of his columns, stated that the country’s healthcare system is in “fundamental crisis.” This seems to be a case of not being able to “see the forest for the trees.” What’s in more of a “fundamental crisis” is the federal government itself. Walter Williams in one of his columns indicated the federal government as unfunded liabilities in Social Security and ...

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The Big 87654 Repeat S&L Crisis

9 hours ago ago from Skeptical CPA

Francine McKenna (FM) has a 7 December 2009 post at her re: The Auditors about CPAs' performance in the current financial crisis. Read FM's comments about AIG-Goldman Sachs credit default swap (CDS) accounting. My conclusion: Goldman told PriceWaterhouseCoopers (PWC) to have AIG change its CDS accounting and PWC did as instructed. I never called FM's assessment "harsh". Here's links to FM's post: ...

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