by Felix Salmon

“I had a very interesting conversation with Bob Pozen yesterday evening; his new book is out now, and I highly recommend it. It’s the first crisis book to make a detailed series of specific recommendations about what needs to be done going forwards — or, in the words of the book’s subtitle, ‘how to fix the US financial system’.”

In his new book, Too Big to Save?, Robert Pozen proposes fixes for the biggest financial crisis of our lifetimes.

Bob Pozen outlines his blueprint for reform.

by Marie Leone Robert Pozen, institutional investor and chairman of MFS, asserts in his new book, Too Big to Save? How to Fix the U.S. Financial System, that only the 100 to 300 largest U.S. companies should be required to switch to IFRS. Pozen writes that the SEC should not adopt the international standards as the nation’s official accounting rules until several significant issues are resolved, including working out discrepancies between IFRS and U.S. GAAP with regard to the accounting treatment ..read more

(NECN) – Robert Pozen, Chairman of MFS Investment Management, talks about what caused the meltdown of the nation’s financial system and gives his opinion on how to fix the system. It’s a preview of his upcoming book: “Too big to save? How to fix the U.S. Financial system.”

Investment professionals, take note. Congress is seriously debating legislation that would significantly expand the coverage of the Investment Advisers Act, empower the SEC to make rules on advisor compensation and increase the likelihood of lawsuits against advisors.

A year ago this week, when the world seemed to be falling apart, the US government took the bold and unusual step of pumping hundreds of billions of dollars into some of the country’s biggest banks in an effort to save them – and the global economy.

Now a year later, we’re still trying to figure out if it was the right decision, how will we pay for it and how should we handle such a crisis in the future.

Review By Alisa Greenstein

“Robert Pozen, Chairman of MFS Investment Management, offers an insightful examination of the causes of the current global financial crisis in his new book “Too Big To Save? How to Fix the U.S. Financial System.” Pozen’s text provides a detailed framework to analyze the abundance of information about the financial crisis, to avoid repeating the mistakes of the past and to create an effective plan for fixing the financial system in the future. In part ..read more

by Tim Reason. Only the biggest U.S. companies should bother adopting the international financial reporting standards written by International Accounting Standards Board, the former chair of the SEC’s advisory committee on financial reporting says. By Tim Reason, CFO.com | US October 29, 2009

“Too Big to Save?” — As the chairman of MFS Investment Management, author Robert Pozen has a keen sense of global finance. The subtitle explains his mission, “How to Fix the U.S. Financial System.” Tackles all things technical, from insurance-like credit default swaps to money markets and short selling of stocks … A tough but valuable read for anyone who’s interested in how America gets out of its financial mess. Should be required reading on Capitol Hill.