Mase: Economics and Finance

A review and interpretation of current happenings in the world of economics and finance

Showing posts with label moral laxity. Show all posts
Showing posts with label moral laxity. Show all posts
Wednesday, October 22, 2008

Accounting Losses Represent the Past...Layoffs Represent the Future

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Accounting losses report on what has been done and the consequences of those actions. The announced layoffs, in the thousands, give us an i...
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About Me

Mase: Economics and Finance
Professional history: Banking--President and CEO of two publically traded financial institutions; Executive Vice President and CFO of another. Academic--Professor at Penn State University and at the Finance Department, Wharton School, University of Pennsylvania. Government--Special Assistant to Secretary George Romney at Department of Housing and Urban Development; Senior Economist in Federal Reserve System. Entrepreneurial--work in venture capital and other private equity; work with young entrepreneurs in urban environment.
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