ISDA Final Comment Letter to FASB’s proposed Accounting Standards Update on Classification and Measurement of Financial Instruments

Documents (1) for ISDA Final Comment Letter to FASB’s proposed Accounting Standards Update on Classification and Measurement of Financial Instruments

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...