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PRAYER TIMES

By Brendan Moynihan, Bloomberg

Articles from the author

Banking reform breeds false sense of security

The Sarbanes-Oxley Act of 2002, passed after a series of accounting fraud scandals including Enron and WorldCom, was hailed as a great investor-protection achievement. It failed, though, to prevent accounting gimmicks that contributed to the largest bankruptcy in US history six years later
3m read
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Blame the flawed formulae

A postulated theory in the natural sciences is dismissed with a single instance contradicting it but a defunct theory in economics invariably finds a new guise
4m read
NINO JOSE HEREDIA/©Gulf News
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