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April 27, 2012
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  • Analysis: U.S. remains a hurdle to aligning accounting rules
    More than 100 countries use the International Accounting Standards Board's guidelines, but the U.S. remains reluctant to sign on. The IASB's U.S. counterpart, the Financial Accounting Standards Board, has been trying to align its rules with those of the IASB, but the effort continues to run into problems. Group of 20 finance ministers gave the boards until mid-2013 to align their rules. Reuters (4/26) LinkedInFacebookTwitterEmail this Story
  • Analysis: U.K. double-dip recession is a setback, not a crisis
    Britain is in its first double-dip recession since the 1970s, but the situation isn't catastrophic, according to The Economist. The U.K. economy is recovering more slowly than the U.S. one, and the rebound is weaker compared with previous downturns. "Britain's pursuit of austerity, led by George Osborne, the chancellor of the exchequer, is going fairly well," the magazine notes. "Stimulating growth is going to prove a lot harder." The Economist (4/28) LinkedInFacebookTwitterEmail this Story
  Government & Regulatory 
  • Industry groups urge Congress to revive expired tax breaks
    The Business Roundtable, the U.S. Chamber of Commerce, the National Retail Federation and the International Franchise Association are among industry groups calling on Congress to revive a series of expired tax breaks. One was a tax credit granted to retailers that hired welfare recipients. More than 100 such provisions expired Dec. 31, and the groups want them renewed retroactively. The Hill/On The Money blog (4/26) LinkedInFacebookTwitterEmail this Story
  • EU considers easing Basel III to be in line with other regions
    EU lawmakers are considering relaxing Basel III capital and liquidity rules for banks if lenders in the U.S. and elsewhere are not subject to their full force. Othmar Karas, the EU lawmaker guiding Basel III adoption through the European Parliament, suggested that the European Commission and the European Banking Authority receive power to "take appropriate measures in order to adjust to the level of global competition." Bloomberg (4/26) LinkedInFacebookTwitterEmail this Story
  Featured Content 

  ELFA Member News 
  ELFA News 
  • Last day to register for 2012 Capitol Connections!
    Today is the last day to register for Capitol Connections, scheduled May 15 and 16 in Washington, D.C.

    This FREE, annual event gathers leaders of the association in Washington, D.C., for a series of public-policy meetings with Congress and the presidential administration. ELFA member participation in the political process is more critical than ever. ELFA will schedule personal meetings on Capitol Hill and at a select group of federal agencies, but we need our members to amplify our message.

    Register online, and check the ELFA Advocacy website for information on policy issues and talking points. For questions, contact Richard Shanahan at LinkedInFacebookTwitterEmail this Story
  • Software companies: Raise your visibility with the ELFA 2012 Software Guide
    ELFA is pleased to offer software companies an opportunity to highlight their products in the ELFA 2012 Software Guide. Why be part of the guide?

    1. Showcase your software to the largest and highest-quality audience of executives from the $628 billion equipment-leasing and -finance industry. ELFA members are looking for the technology solutions your company provides!

    2. Maximize your visibility. The 2012 Software Guide will be available to all ELFA members and easy to find on the redesigned ELFA website, as well as in digital, newsletter and mobile-application editions of Equipment Leasing & Finance, the No. 1 publication serving the equipment-leasing and -finance market.

    3. Enjoy a full year of recognition. Your listing will not only run for 12 months in the Software Guide. It will also be included for a full year in the online software directory, where you can edit your listing any time during the year.

    4. Enjoy a low rate of only $950 for your listing.

    To be included, visit ELFA's website, or contact Steve Wafalosky ( or Nick LaRich ( at (404) 247-1060 by June 1. LinkedInFacebookTwitterEmail this Story
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Ideas are like rabbits. You get a couple and learn how to handle them, and pretty soon you have a dozen."
--John Steinbeck,
American writer

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