Comment letter on IASB Discussion Paper "Credit Risk in Liability Measurement"

Documents (1) for Comment letter on IASB Discussion Paper "Credit Risk in Liability Measurement"

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...