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While some hard-line analysts and pundits are relieved to find the Arabs "on our side" and feel that this disclosure will help us form a stronger alliance against Tehran, it's more likely that the leaks will simply raise Iran's prestige by adding to the persistent overestimation of its influence and abilities.
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In a news release prepared for this Monday, the Labor Department said: "Enhanced disclosure will help union members better exercise their self-governance rights and detect financial mismanagement and misconduct by union officials.
The Labor Department says it hopes that the disclosures will help investors compare various investment offerings and see how costs eat away at account balances.
Some of these ideas make sense: more disclosure will help regulators to monitor the systemic risks that may be building outside the banks.
In a political season that has been polluted with unlimited campaign contributions paying for dishonest attack ads, the vote for disclosure will "help the public get a far broader sense of the powerful financial forces driving today's politics," as our editorial said this morning.
That kind of disclosure will help ensure that the small but material impact on earnings–like HP's don't go unnoticed again.
And as to your point, I think disclosure will help people understand the real values so that you put a number on what you think the current present value of this asset is, based on the probability of holding it to maturity.
"Lobbying disclosure will help us better evaluate whether Wal-Mart's lobbying expenditures and actions advance its interests and whether it presents risks to company value".
But broad disclosure rules will help ensure greater fairness to defendants in a system where prosecutors and police control the evidence.
Re "Mayor Calls for Residential Smoking Rules" (news article, April 19): Mayor Michael R. Bloomberg's proposal for a building disclosure policy will help New Yorkers make informed choices on where they live.
Jean-Luc Mélenchon, of the would-be revolutionary left and neither a minister nor French deputy, mocked the whole process by declaring on his blog his height and weight, stating that he owned no paintings, no car, no yacht and no horses and that he did not dye his hair.The real question is whether the new disclosure rules will help to prevent another Cahuzac affair.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com