Accounting does not make corporate earnings or balance sheets more volatile. Accounting just increases the transparency of volatility in earnings.
One of the biggest challenges is for women to find an organization that's willing to accept them back after they leave the work force to raise children without taking a cut in compensation and responsibility.
In some instances, alimony has become akin to a social-welfare program provided by working women to their ex-husbands.
I'm delighted to be joining INVESCO, an organization that has been growing both in terms of assets under management and the breadth of investment capabilities offered. I see great potential in working with the accomplished investment centers within INVESCO and providing expertise to help develop strategic solutions for our clients.