The companies need to come together and tell Waxman to stick it where the sun don’t shine. If these companies did this, they couldn’t do a dam thing. They need to stick together.
Waxman better watch his @$$. If one of these guys is really sharp and can make his case that the accounting rules that the Congress passed requires this, he could embarrass Waxman terribly. Assuming Waxman is capable of feeling embarrassed.
search for "Howard Hughes Senate" for a model to go by.
Howard Hughes told the Senate to cram it in their arse... he won too!
LLS