2007-07-20 — housingwire.com
Some funny accounting going on (surprise, surprise): "Cadence’s adoption of the new accounting rules allowed it to push losses on CMO and other MBS investments it held from asset categories that would negatively impact earnings into categories that (conveniently) would not."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
