April 12, 2012
It sure would be swell if you folks decided to put in a new rule requiring reporting corporations to disclose all amounts of money that they contribute to any candidate or, any organization existing to support any candidate or political action.
You and I know that there is scant chance of this actually happening but it would be responsible to do so.
I put in hundreds of hours working with FASB to get a change in the rules governing disclosure of "non-consolidated subsidiaries" to no avail - thank you ABA. Maybe this time around you all will actually have the courage to stand up and do what's right. Thanks.