A.E. Feldman Blog

President Barack Obama is touting his American Recovery and Reinvestment Plan to immediately jumpstart job creation as well as long-term economic growth. In his weekly address on January 24th Obama said the plan will save or create three to four million jobs over the next few years and plans to rebuild the nation’s infrastructure to [...]

In his weekly address on Saturday, January 24th, President Barack Obama promoted what he calls an American Recovery and Reinvestment Plan to immediately jumpstart job creation as well as long-term economic growth. According to Obama, the plan that will save or create three to four million jobs over the next few years. The President says [...]

Risk management is a discipline that is being taken far more seriously these days thanks to the current financial crisis. Translation: the financial meltdown means big opportunity for Risk Managers, according to CFO.com. The report states the “often-misunderstood category of finance worker, which already was showing a rising profile, may now be in line for [...]

Chief executives are not immune from the deepening labor market downturn that cost 524,000 Americans their jobs last month, according to the WSJ. Grappling with disappointing financial results, tumbling stock prices and mounting investor criticism, the parade of CEO departures is on track to continue in 2009. The WSJ report notes that William Watkins, recently [...]

The IRS has cut finance execs at multinational corporations some slack. The agency issued, on January 5th, its highly anticipated revisions on cost-sharing arrangements for multinational companies that provide some extra flexibility in transfer pricing schemes, according to WebCPA. The cost-sharing arrangements addressed apply to multinational companies and their foreign partners that share in the [...]

U.S. companies need to prepare for the convergence of global accounting standards. Although convergence is still five years away, companies are not wasting any time examining its potential staffing and tax implications, according to FinancialWeek. A recent report in USA Today calls the looming transition, “a regulatory sea change that could cost billions of dollars.” [...]

John Paulson, who runs the $36 billion hedge fund firm Paulson & Co., is looking to buy distressed mortgages and distressed debt, despite being bearish on the overall economy, according to Reuters citing a Bloomberg data. The report states that Paulson wrote in a 2009 outlook to investors that he is interested in investing in [...]

This year governments around the world will spend 2.9% of world GDP on infrastructure, up from 2.2% in 20087according to Infrastructure Investor, citing projections for 2009 compiled by consultancy CG/LA. Norman Anderson. The report adds the firm’s CEO, Norman Anderson, also predicts that the U.S. will move toward a more Spanish-style model of infrastructure financing [...]

Despite the current recession, demand for accountants remains strong. Although a number of industries are cutting back, the accounting industry projects jobs to maintain at their current rate or possibly increase. In fact, the 2008 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits from the American Institute of Certified [...]

The ongoing credit crisis and turmoil in the financial sector have fueled a major surge in securities class action litigation in 2008, according to a new study from NERA Economic Consulting. According to the group, filings hit a six-year high last year. The group projected the annual total to reach 267 - a 37% increase [...]