2009-04-02 — nytimes.com
" The Financial Accounting Standards Board voted on Thursday to give more discretion to bank managements in reporting the value of mortgage securities. The changes seem likely to allow banks to report higher profits by assuming that the securities are worth more than anyone is currently willing to pay for them."
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.
