Holman Jenkins of the Journal quotes Warren Buffett on the destructiveness of mark to market accounting for regulatory purposes and goes on to explain:
“Banks can be forced to raise capital when capital is unavailable or unduly expensive; regulators can be forced to treat banks as insolvent though their assets continue to perform.
What happens next is [...]

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Michael Malone, one of the top tech writers in the US, argues in the Wall Street Journal that “Washington is Killing Silicon Valley.”
He argues that excessive regulation threatens the entrepreneurial role of tech startups – especially Sarbanes Oxley and accounting rules that require stock options to be entered as an expense on balance sheets.
“At its [...]

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