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The Hartford Gets into the Thrift Business

November 17th, 2008 CFO.com: Today in Finance Posted in .News RSS, Finance | | No Comments »

The capital-hungry insurer agrees to buy a bank in order to get in on the Treasury Department's Capital Purchase Program.
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Commercial Paper Finds Steady Ground

November 17th, 2008 CFO.com: Today in Finance Posted in .News RSS, Finance | | No Comments »

The Fed's paper-buying program seems to be working. Now some major companies with less-than-stellar credit want in as well.
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Hoping to Retain Execs, AIG Ends Deferred Comp

November 17th, 2008 CFO.com: Today in Finance Posted in .News RSS, Finance | | No Comments »

The action will return pay earned by employees and agents, and is aimed at discouraging departures.
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S&P: Mortgage Securities Are Safer than Collateral

November 17th, 2008 CFO.com: Today in Finance Posted in .News RSS, Finance | | No Comments »

The rating agency mounts a defense of the securitization of residential mortgage-backed securities.
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Revised Fair-Value Rule Is Weaker: Moody’s

November 17th, 2008 CFO.com: Today in Finance Posted in .News RSS, Finance | | No Comments »

It's harder for investors to compare banks' financial statements now that IAS 39 lets them decide whether to reclassify "held for sale" assets as "held to maturity," the rating agency says.
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SEC: Early IFRS Adoption Will Cost Firms $32M

November 17th, 2008 CFO.com: Today in Finance Posted in .News RSS, Finance | | No Comments »

The regulator releases its roadmap for transitioning U.S. companies to international accounting rules, and estimates the costs.
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A Citi of Layoffs: 52,000 More to Lose Jobs

November 17th, 2008 CFO.com: Today in Finance Posted in .News RSS, Finance | | No Comments »

Announcement comes on top of 23,000 in reductions earlier in the year; signifies more pain ahead for banking.
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Natural Light

November 17th, 2008 CFO.com: Today in Finance Posted in .News RSS, Finance | | No Comments »

Fusing CSR information into financial reporting might be illuminating for some stakeholders, but it's often a challenge for companies to do.
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Centres of Attention

November 16th, 2008 CFO.com: Today in Finance Posted in .News RSS, Finance | | No Comments »

Companies may still have too many heads at headquarters.
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Commercial Paper Finds Steady Ground

November 16th, 2008 CFO.com: Today in Finance Posted in .News RSS, Finance | | No Comments »

The Fed's paper-buying program seems to be working. Now some major companies with less-than-stellar credit want in as well.
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Rethinking Capital

November 16th, 2008 CFO.com: Today in Finance Posted in .News RSS, Finance | | No Comments »

To weather the credit crisis and a recession, CFOs will have to unlearn much of what they thought they knew about capital structures.
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S&P: Mortgage Securities Are Safer than Collateral

November 16th, 2008 CFO.com: Today in Finance Posted in .News RSS, Finance | | No Comments »

The rating agency mounts a defense of the securitization of residential mortgage-backed securities.
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