This is a nice reminder of the power of an honest, transparent, humble, and well-reasoned understanding of liberty.
Hernando de Soto’s brilliant Wall Street Journal op-ed today, “Toxic Assets Were Hidden Assets,” contains a wealth of common sense.
XBRL US produced a remarkable 29-page document explaining how adoption of an industry standard computer language could expedite economic recovery. The organization’s CEO, Mark Bolgiano, presented it to Congress…
There was much talk about the Great Depression on Meet the Press this morning. Since the Depression, we’ve created nuclear energy, solar energy, lunar travel, Internet technology, and a global economy, so today’s crisis needn’t resemble the Depression. In fact, there’s a great…
Asset Backed Securities Experience Holds Structured Information Lessons
On Dec. 22, 2004, eight months before I arrived at the U.S. Securities and Exchange Commission, the Commission unanimously adopted a rule…
A Boston Globe story today, Shedding Light on ‘Dark Pools’, includes this from the head of equities at Fidelity’s brokerage arm:
“I don’t mind if the best price is on an exchange or in my own dark pool,” [Michael]…
The SEC today published the final rule it approved last month to make interactive data disclosure in XBRL format mandatory for public companies.
Footnote 78, on p. 23, says: “The adopted interactive data requirements would not apply to…
Driving across the southeastern California desert Tuesday, three and one-half days after my last day in the office for the Bush Administration, I happened to hear my early 90s law and…
This may be a tad circular, but good conversation is remarkable.
As journalist, lawyer, radio producer, policy director, and adviser, I’ve talked with a lot of fascinating people to elicit information. Then came the business of organizing, simplifying, and publishing the…
Rules worth following: plainlanguage.gov. Especially this one.
