Comment letter on the European Union Draft letter to the IASB on IAS 39 reclassifications and the credit crisis accounting issues

Documents (1) for Comment letter on the European Union Draft letter to the IASB on IAS 39 reclassifications and the credit crisis accounting issues

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...