Interesting accounting stuff
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Trying to Pierce a Wall Street Fog

Trying to Pierce a Wall Street Fog | Interesting accounting stuff | Scoop.it
Europe has taken the lead in challenging the market for credit default swaps. And a handful of pension funds have filed two suits against the big banks that dominate it.
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The myth of pay for performance

The myth of pay for performance | Interesting accounting stuff | Scoop.it
Executive pay has nothing to do with shareholder returns in Australia’s top companies. So when will industry funds do something about it?
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Detroit's decline is a distinctively capitalist failure

Detroit's decline is a distinctively capitalist failure | Interesting accounting stuff | Scoop.it
Richard Wolff: The auto industry Big Three were loyal only to shareholders, not the people of Detroit. The city was gutted by that social choice
Andrew Read's insight:

Contribution of capitalism to Detroit's failure

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'Damning' evidence of wasteful spend-ups

'Damning' evidence of wasteful spend-ups | Interesting accounting stuff | Scoop.it
Public servants go into a spending frenzy towards the end of the financial year, blowing more than three times as much taxpayers' money than in other months.
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Pensions? Always someone else's problem

Pensions? Always someone else's problem | Interesting accounting stuff | Scoop.it
Detroit's workers are not the first to see their retirement finances suddenly reduced – they are only the most recent
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