An entry in The 10B-5 Daily points out that the recent SEC investigation and securities class action suit brought against the China Life Insurance Company over accounting irregularities was mentioned in China Daily. China Daily reported that the “vast difference in corporate governance, accounting.standards and business practices between the US and the mainland are […]

Over the last generation (since 1983), every two or three years the United States has had a fiscal deficit greater than in 2004, relative to the Gross Domestic Product. Two of these larger deficits occurred in 1991 and 1992, during the Clinton Administration. Steve Verdon, on Deinonychus antirrhopus, presents several charts illustrating this point, along […]