Tag Archive for 'Finance'

My Fortune.com Piece: California Sunshine for Shadow Banking

New Fortune.com managing editor (and ‘95 Medill grad) Daniel Roth (@danroth) gave me a chance the other day to write a guest column on transparency and financial recovery and XBRL. It’s now here.
Thanks to another Fortune.com editor, I’m reminded of a lesson I learned myself at Medill (‘86) about the value of good editing. My [...]

Davos Mistakes about Securitization

I watched a C-SPAN replay tonight of a Jan. 29 panel at Davos in which five industry leaders pontificate about the future of the world. This was after tonight’s 60 Minutes lead report on the exclusive Davos gathering. The 60 Minutes report was as good as ever, but a failure of vision makes itself apparent [...]

My Davos Contribution: How Finance and XBRL Can Restart Sustainable Growth

BRUSSELS–As I’m enjoying outstanding Belgian cuisine with the family of a CLOUD, Inc. colleague after a day of meetings about how computer standards can improve the clarity and efficient use of information and provide for more accurate evaluation of the trust that one might place in information, a 500-mile drive south of here the world’s [...]

XBRL Data Tagging Standards Advance on Two Fronts

Updated: 8:30 a.m., Tuesday, Dec. 15

Government Transparency
Updates:
The House approved S. 303 by voice vote on Monday, Dec. 14. The bill text and debate are immediately below; the debate starts on page H14837. An easier-to-read version of S. 303 is also below. The most important part of the bill, about data standard requirements, is in xml [...]

A Thought on Capital Market Power, Risk, Small Caps, and Large Caps

A few days ago I tweeted a question about whether a theory that less expensive stock trading contributed to fewer IPO’s holds water. The theory is that cheaper trading results in less revenue to fund analyst coverage of companies hoping to go public in the $50 million – $100 million range. In the 90s, a [...]

Google, SAP, and Salesforce.com Could Save Credit Markets and Journalism

Saturday’s Barron’s had a pithy review of Ken Aulettta’s Googled: The End of the World As We Know It.To sum it up, reviewer Mark Veverka says, “Google’s science exposes the inefficiency of traditional advertising and threatens to remove middlemen.”
In other words, as went record labels and travel agents,  so goes my first chosen profession, journalism. The inefficiency of