Peter Mainstain, CPA is a shareholder of the firm. He has been a practicing Certified Public Accountant since 1972 and has extensive experience in all phases of the entertainment and sports industries including personal business management as well as financial and retirement planning. Mr. Mainstain co-founded the CPA/Business Management firm Tanner, Mainstain, Glynn & Johnson in 1975. Mr. Mainstain holds a Bachelor of Science in Business Administration and Accounting from California State University, Northridge, and has done post-graduate study at USC and Golden Gate University. He has taught at UCLA Extension and has been a guest lecturer at industry and professional organizations. He is a member of the American Institute of Certified Public Accountants as well as the California Society of Certified Public Accountants.
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After closing at a record high yesterday, the Standard & Poor's 500 stock index dropped about seven-tenths of 1% today. The index returned 5.2% in April -- more than five times the monthly gain stocks averaged for nine decades.