No, the final entry above has nothing to do with GEC. If you need a break from numbers and the daily GRC grind, read editorial writer Joseph Rago’s pitch-perfect take on the self-proclaimed Charles Bronson of the 12-string guitar. ###
Last week (Monday, Feb. 9, through Saturday, Feb. 17), the GEC index (daily average) was 14.3. For the month (Wednesday, Feb. 4, through Wednesday, Feb. 18), the GEC index resides at 13.4
Here are several recent GEC-related Journal articles that I found most relevant to Big Fat Finance Blog and Business Finance readers and also most interesting:
While it’s too early in the GEC index’s tenure to extract much analysis, I have noticed that a barrage of GEC articles tend to follow in the wake of large GRC-related events, such as the unveiling of the stimulus bill last week.
• Feb. 18: “Accounting Firms that Missed Fraud at Madoff May be Liable”;
• Feb. 17: “Congress Gets Punitive on Executive Pay” (Opinion);
• Feb. 14: “In Praise of Transgressions” (Weekend Journal section);
• Feb. 13: “Derivatives Oversight Spurs House Turf Battle”; and
• Feb. 13: “A New Lair for Zevon Desperadoes” (Opinion).
Mondays are slow governance Coach Factory Outlet Online, ethics, and compliance days.
That’s one insight I’ve gained since initiating daily tallies of the governance, ethics, and compliance (GEC) articles that appear in The Wall Street Journal. The trusty GEC Index (GECI) hit its lowest level (7) yesterday, the day after a holiday on which the U.S. equity markets were closed. The GECI’s previous low (10) occurred on a Monday, which of course follows a day on which the equity markets are closed.
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