GLG News by Chief Financial Officers

In the present context, Mr. John McCain rightly says that "Fair value rules may be exacerbating the credit crunch", since the market reacts and stabilizes on sentiments. While strictly applying the valuation rule of mark to market accounting, the assets held by the investment companies will be vaued...

Failure of several investment banks together with some insurance companies clearly indicate that the investment banking system need to be modified so that the short-comings and irregularities are capped at the beginning itself, and should not be allowed to grow to such a proposition that it...

1) Health Care Financing Administration published hospital mortality rates in the 80's, only to later discontinue the practice.  2) Mortality rates are a poor proxy for quality.  3)  Other measures are better to assess quality of care.

Facts can be difficult at best to come by in new fields such as Hydrogen on demand fuel cell production. There are many for profit companies (small and obscure), that promise you they will double your gas savings, IRS credits, zero emissions, and more... and then they only offer you a 7 day...

CMS has the objective of keeping their costs down, increasing quality, protecting the Stark laws against physician referrals, and guarding against beneficiaries being enticed to receive more services than necessary.  CMS threw all these objectives into the ACE demonstration project.  The problems...

1) IFRS will help to see all Financial Statements homologating criteria which contributes to improve investment activity around the world. 2) Even mentioned IFRS must be reviewed in some aspects also, because some issues do not reflect a the real business activity.  

Correction in Global Steel Prices may be a long drawn process, as other countries like India tighten steel exports by imposing Export Tax varying from 15% to 5% on various steel products. The infrastructure & construction investments in South East Asia, Middle East & some parts of Africa are...

Sovereign Wealth Funds have a significant role to play on the global economic stage and with the correct approach can help stabilize global securities markets. Despite the positive role that these funds can provide pending legislation in Congress has created an adverse environment for seeking much...

 The major key points will be: Optimizing the relationship between the two companies. Providing a positive alternative to Wincor Nixdorf on their supply chain needs. Optimizing distribution channels and storage space. Facilitiating quicker response to customers.

The status quo will be maintained during the election year.  But, what will happen to the funding for physicians and hospitals after the election?   Healthcare and defense are the two largest components of the Federal budget.  Congress will likely act to gain budget reductions in both...