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between 2008 and 2012, better performance than 20% of all directors The Richard L. Armitage Stock Index From January 2008 to December 2012, if you bought shares in companies when Richard L. Armitage joined the board, and sold them when he left, you would have a -34.7 percent return on your investment, compared to a -2.8 percent return from the ...
—A. Berenson and R. A. Oppel, Jr. The New York Times, October 28, 2001. On September 20, 2000, a reporter at The Wall Street Journal bureau in Dallas wrote a story about how mark-to-market accounting had become prevalent in the energy industry. He noted that outsiders had no real way of knowing the assumptions on which companies that used mark-to-market based their earnings. While the story ...