There are a couple of articles about non progress on the accounting oversight stuff. Looks like in an effort to "protect" investors, things are moving closer to delisting of US listed companies and deregistering of accounting firms. Naturally the so called financial media is largely ignoring this whole issue involving the SEC, PCAOB, Multinationals, China, its US listed companies, its regulators etc. The fiscal cliff is the news 24/7. It bedazzles the mind. Anyhoo, i'm posting one of the articles from the china accounting site. http://www.chinaaccountingblog.com/weblog/mncs-in-china-and-pcaob.html
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