Thursday, August 6, 2009
Bank Balances Shift With Rule Changes - washingtonpost.com
If you remember back in April, FASB decided firms did not need to mark their assets to market. Well it obviously allowed firms to report higher earnings than they otherwise would have. But now it seems that FASB might be having a change of heart.Bank Balances Shift With Rule Changes - washingtonpost.com: "...found that 45 financial firms reported higher first-quarter earnings because of the
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