More Time In Store For Loan Loss, Lease, Hedge Accounting Changes

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More Time In Store For Loan Loss, Lease, Hedge Accounting Changes

Small public banks, privately held businesses, and credit unions could get extra time to implement three major changes to accounting standards.
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Investigator Harry Markopoulos Accuses GE of Accounting Fraud

NEW YORK – Financial fraud investigator Harry Markopolos accused General Electric (GE) on August 15 of engaging in accounting fraud worth $38
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GE faces an ugly fight against allegations of financial fraud

… Markopolos — he of Bernie Madoff fame — has released a report accusing GE of running a “decades-long accounting fraud” that he claims is bigger
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ECB Says One of Its Websites Was Hacked, Data Possibly Captured

The European Central Bank said one of its websites was hacked by unauthorized people who may have stolen private information including contact data. According to an emailed statement, hackers installed malware onto an external server that hosts the …
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Southwest adding new $99 Hawaii flights in January: Sacramento-Honolulu, Oakland-Kona

Southwest Airlines plans to boost its Hawaii service in mid-January, with new daily nonstop flights from California to Kauai and the Big Island and its first flights from Sacramento to Honolulu. The airline, which began service to Hawaii in March, is also more …
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