We're talking about goodwill accounting, again, and the conversation is contentious

What would Warren Buffett do?

Goodwill is the number on the balance sheet that represents the premium a company pays when it acquires another for more than the carrying or book value of the net assets acquired.

The Wall Street Journal’s Jean Eaglesham reported on January 21 on a bit of conversation about goodwill between members of the House Financial Services Committee and outgoing …