In America, and particularly the Midwest and the West, where Bristol was reared, puritanical values rule.
FAS 157 represents the so-called fair value rule put into effect by the Financial Accounting Standards Board, the bookkeeping rule makers.
At SoHo openings, there are more toddlers than artists, and the toddlers are wearing Gap: family values rule.
The International Accounting Standards Board, which sets rules for many countries, itself hurriedly changed an aspect of its market-value rule under pressure from the president of France.
The acronym represents the "fair value rule" put into effect by the Financial Accounting Standards Board*, requiring that certain holdings be marked to market.
The Securities and Exchange Commission published a letter last month that noted that the Financial Accounting Standards Board's fair value rule allows companies to avoid marking down assets whose values appear low in the market simply because of "forced liquidation".
Everything else — a sane health-care policy, the dignity of the transgender people who have volunteered to serve their country, a rational environmental policy, a foreign policy that serves basic democratic values, rule of law — is of tertiary interest.
Some congressmen had pressed to order a suspension of the fair-value rule, known as S.F.A.S 157, as part of the bailout bill that the House defeated on Monday but that may be revived later in the week.
If entertainment values rule, a new stock offering floated by two kids in a garage has to be transformed into the David that will surely vanquish a corporate Goliath.
Ms. Schapiro and Mr. Geithner successfully persuaded it to urge the S.E.C. to adopt a floating net asset value rule or to require money market funds to hold extra capital to deal with shocks.
(2) Eigen value rule, only components whose eigen values are over 1.0 can be retained.
