http://biz.yahoo.com/ts/040618/10166593_2.html1. Congress Has Your Number
When doctors are pondering how to treat a vexing heart disease, Congress tends to delegate the decision to the cardiologists.
When NASA has to choose a new Mars rover, Congress usually lets the engineers design the right model.
But when a bunch of accountants are determining how companies should account for employee pay -- well, all of a sudden our elected representatives figure the industry experts can't be trusted.
Yes, this Tuesday, the House Financial Services Committee voted to override the Financial Accounting Standards Board's decision to force companies to account for all stock options as a compensation expense.
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