Best comment letter response ever
Posted by Christie Malry on August 25, 2010 at 11:04 am
This is one of the responses to the Financial Accounting Standards Board's consultation "Accounting for Financial Instruments and Revisions to the Accounting for Derivative Instruments and Hedging Activities—Financial Instruments and Derivatives and Hedging":
Thanks to a friend of mine at the Big 4 for drawing my attention to this.




[...] to introduce a number of difficult changes to US GAAP, many of them relating to fair value. I blogged yesterday about some of the hostility he's facing, and there's some more here over at the Going [...]