Testimony before the US House of Representatives Committee on Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises

Documents (1) for Testimony before the US House of Representatives Committee on Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises

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...