Once again, Kudos to IBM for doing well by doing good.

Has anyone used XBRL for tracking bank money and the way banks do things
like the SEC requires them to do?  There is no better non-transparency than
putting everything out in the open in simple enigmatic, blatantly obscure
terms.

Wells Fargo currently has umpteen complaints filed against them in the
Better Business Bureau in California and many complaints filed in courts --
but the complaints do not appear to be using XBRL.   If we assume that only
1% or less of the complaints are half true, we may be looking at some
rather large tax liabilities, among other problems, that are not being
dealt with and we need some XBRL gurus and wizards in-house.

Look, I blew covering the last big bank stories and XBRL is supposed to
make it very difficult to do that again.  The cover of the book, free from
IBM, looks just like the other "Dummy" books -- yellow with black print and
a sketch of me on the front, so I expect, non sequiturly, FOIA and FOAA
people to have some predummy interpretations on XBRL, with simple examples
that won't get anyone shot.   But I can't find them.  However, print the
book out and put it out on your desk and no one will be able to accuse you
of being intelligent or that you should have known.

Dwight Hines
IndyMedia
Maine, where even the big banks tread softly in the winter, and I'm looking
forward to the opening of the "First  Museum on Planet Earth Devoted to
Imaginary Software that the Maine Legislature Passes Laws Against", with
serious apologies to Borges, father of *Imaginary Beings*.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: 
<http://lists.foiadvocates.info/private.cgi/foianet-foiadvocates.info/attachments/20111210/0379545a/attachment.htm>

Reply via email to