G 20 to the Rescue?
- Posted by UpsideTrader
- on April 2nd, 2009
It was just reported that new FASB guidelines will take effect Q2 2009, not retroactive to Jan 1 and definitely not retroactive back to Jan. 2008 as was the chatter in the rumor mill yesterday.
I think it’s fair to say that we will know early on what the mood will be in the market today. Not much else to report yet so let’s watch the headlines. Good luck today.
Follow @upsidetraderThe information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Joe was on Wall St, for twenty five years and his career took him to the retail, institutional and capital markets... More »
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