NEWSCLOUD

People sharing stories for change

NewsCloud is an independent, community-powered news site:

  • Keep up with breaking news from around the web.
  • Share stories with your friends.
  • Join in discussions with other readers.
SIGN UP Existing members can sign in here

You were looking for:
Accountants and the Billy Rose Law of Investment

The US Chamber of Commerce has called on Congress to change the rules so that private equity can invest in the big accounting firms. They should remember the Billy Rose Law of Investing:: "Never invest your money in anything that eats or needs repairing". Here’s why it would end in disaster.

Continue to the story