Macronomics

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Showing posts with label Debt-Valuation-Adjustments. Show all posts
Showing posts with label Debt-Valuation-Adjustments. Show all posts
Monday, 12 July 2010

Statement 159 - Debt Valuation Adjustments - Déjà Vu 2008.

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Statement 159, adopted by the Financial Accounting Standards Board in 2007 allows banks to book profits when the value of their bonds falls ...
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