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Debate over IASB's project on stock options in US Congress

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21 Oct 2001

Excerpt from a story, Time to Look at Stock Options' Real Cost, in The New York Times of 21 October 2001: "Last week, word came that Representative Michael G.

Oxley, the Ohio Republican who is chairman of the House Committee on Financial Services, had taken a stand against true evil: the International Accounting Standards Board. His act of bravery was voicing his determination to keep America safe from the proper accounting of companies' stock options...."

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