The Real Costs of Changing FMV?
“Confidence, trust, and numbers that investors
can believe in are the stuff that make or break
the capital markets. When investors question
the validity of numbers, they sell and wait,
rather than buy and invest.
Yet those charged with building confidence and
ith b ilding
trust and presenting numbers that can be
believed are under sustained attack -- and they
- Arthur Levitt, Weakening a Market
Watchdog in Washington Post – March 26