It is the 16th of October 2019

News

ANTiFa FaRM...

ANTIFA FARM

Read More

Millennials Really Want A McMansion Of Their Own, There's Just One Problem...

A new survey from ApartmentList.com of 24,000 millennials across the country, born between 1982 and 2004, revealed some 'great news' for the residential housing market...about 80% of the millennials surveyed said they're ready to move out of mom's basement and buy a home.  There's just one catch...

Read More

Talking Of 'Obstruction Of Justice'...

"probably nothing..."

Read More

Accounting Change On Operating Leases To Add $3 Trillion In Debt To Corporate Balance Sheets

From a practical perspective, operating leases are pretty much the same as debt.  They reflect a contractual obligation on the part of one counterparty to make defined stream of cash payments to another over a set period and with an implied interest rate embedded in the payment stream.  In fact, within a bankruptcy context operating leases are treated exactly the same as debt and rank pari passu with the other general unsecured obligations of a business.  That said, accounting rules treat operating leases differently than debt and do not require them to be included as a liability on a company's balance sheet.  That is, until 2019.

Read More

Featured Apps