Comment letter in response to proposed FASB Staff Position FAS 157-d, “Determining the Fair Value of a Financial Asset in…

Documents (1) for Comment letter in response to proposed FASB Staff Position FAS 157-d, “Determining the Fair Value of a Financial Asset in…

Addressing Termination Troubles

When Enron announced a shock $618 million loss on October 16, 2001, it took a further 47 days until it filed for bankruptcy. For Bear Stearns, it took 266 days between its bailout of a structured credit fund run by...