SEC Weighs Rules to Stop Banks From Hiding Debt (Update1)
U.S. regulators may prevent banks from masking debt after Lehman Brothers Holdings Inc.’s bankruptcy examiner said the firm misled investors by moving assets off its books to reduce leverage.
See the original post:
SEC Weighs Rules to Stop Banks From Hiding Debt (Update1)
Posted by Baxter & Baxter, LLP on Tuesday, April 20, 2010, at 10:45 am. Filed under Uncategorized. Tagged assets-off-its, bankruptcy-examiner, firm, firm-misled, holdings, lehman, lehman-brothers, moving-assets, off-its, prevent-banks, regulators-may, said-the-firm.
Both comments and trackbacks are currently closed.