GLG News by Industrial Container and Packaging Industry Accounting & Finance Professionals

The derivative market has grown to such a massive proportion due to the speculative activities and the intention of the players to make quick profit.  The market operation in derivatives requires only the margin money which is about one tenth of the value of underlying security, the expansion of...

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...

The Orlando market, which is generally considered to encompass the counties of Orange, Seminole, Lake, Osceola and Polk has experienced declining sales since mid (in most counties) 2006. While the most overbuilt areas, near the tourist attractions in Polk and Osceola counties, countinue to decline,...

The number of uninsured Americans increased over 13% over the last four years for which data is available. Florida was one of eight states identified as having a “significant” increase in the percentage of uninsured; 22% of adults employed in Florida were uninsured (#4 in the United States) and...