FASB: It issued new guidelines on the accounting of financial instruments. Loans and other debt instruments now get the same treatment. Here, have a gander.
When VCs attack: When they attack company founders, that is.
Mickey Mouse and insider trading: Is nothing sacred?
Related: Branding is for companies (or mice) but not humans.
Unlikely winners of financial reform: CME Group and others.
Related: At a Reuters breakfast this morning, BlackRock’s Larry Fink, Evercore’s Roger Altman, and Perella Weinberg’s Joseph Perella share a hearty chuckle at the idea of banks who claim that prop trading isn’t important.
Europe’s banks: Hoarding cash, according to the Wall Street Journal. If we remember our Depression studies accurately, banks hoarding money is the single worst thing that can happen to an economy.
Compensation: A number of CEOs did not increase their compensation last year. Bess Levin suggests it’s because they weren’t important enough.
How not to pitch a VC: At a urinal.
Healthcare: The flaw in Obama’s plan is that independent contractors like Mark Gimein just don’t mind paying the penalty.