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Divine Intelligence, etc
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Do You Think There's a Connection?
FASB 56 will nullify all financial disclosure of every major company doing business with the federal government. The SEC, when presented with a policy that was going to negate the whole history of SEC disclosures said, no comment. So we're in a world where they are advocating their fundamental responsibility for the basic bread and butter of financial disclosure,. But they are torturing investors with all sorts of speculative and complicated disclosure related to a speculative narrative. Do we think there's a connection?
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