Fasb

'Stealth Bankers Bomb As Anti-Reform Crusaders'

washpost.bloomberg.com | Jonathan Weil | Posted 05.25.2011

Read More: American Banking Association, Fair-Market Values, Aba, Financial Accounting Standards Board, Mark to Market, Fasb, Business News

Last week Bloomberg News reported that the American Bankers Association had started a campaign to mobilize investors against an accounting-rule propos...

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Goldman's Blueprint for Dumping Toxic Assets: How These CDOs Were Designed to Fail

David Fiderer | Posted 05.25.2011

Read More: Goldman Sachs, Cdos, Subprime Mortgages, John Paulson, Finance, Ratings Agencies, Fasb, Magnetar Trade, Financial Crisis, Sec, Credit Default Swaps, Securities and Exchange Commission, FASB 157, Cdo, Business News
David Fiderer

While most of these deals remain shrouded in secrecy, one of them, Anderson Mezzanine Funding 2007, Ltd. lays out its blueprint in sufficient detail so that we can pinpoint how and why this transaction's failure was assured.

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Obama To G20: It's Time To Act On Financial Reform, Can He Get World Leaders On Board?

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Read More: G20 Toronto, Basel, The Financial Fix, Derivatives, Financial Reform, Fasb, Derivatives Reform, Obama, Imf, Capital Requirements, g20, Business News

In a Monday letter to the G20, President Obama outlined several key components of his push for international financial reform and pushed the group of ...

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It's Official: The US Housing Downturn Has Resumed in Earnest

Reggie Middleton | Posted 05.25.2011

Read More: Foreclosures, Earnings, Fraud, Mortgages, Fasb, Defaults, Politicians, Mark to Market, Banks, Business News
Reggie Middleton

The year 2009 was the year of reflation theories and bubble blowing. Theses of "Green Shoots", catching the bottom, and QE reigning supreme...

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Ryan Grim

Moneyed Interests Lining Up For Battle Over Accounting Standards

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: CFA Institute Centre for Financial Market Integrity, Tohmatsu, Council of Institutional Investors, Committee on Capital Markets Regulation, American Institute of Certified Public Accountants, Center for Capital Markets Competitiveness, Economy, Financial Services Roundtable, American Council for Capital Formation, Reform, National Association of Home Builders, Ernst and Young, Accf, Financial Executives International, Jim Turley, Center for Audit Quality, Commercial Mortgage Securities Association, Financial Accounting Standards Advisory Council, National Multi Housing Council, Paul Volcker, Real Estate, Accounting, American Bankers Association, Sec, Aba, Calpers, Fasb, Financial Reform, Investment Company Institute, Institute of Management Accountants, US SEC, National Apartment Association, Grant Thornton Llp, Ed Perlmutter, Kpmg, Recession, Barney Frank, House Financial Services Committee, Deloitte Touche, Council of Federal Home Loan Banks, Perlmutter, Real Estate Roundtable, Banks, Emails, Politics News

In the midst of what was supposed to be a Congressional push for increased financial regulation and accountability, a powerful coalition of moneyed in...

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Shahien Nasiripour

Banks Get Small Win On Accounting Standards

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Aba, Fasb, Lynn Turner, Bankers, Facebook, Ed Perlmutter, Banks, Financial Crisis, Sec, Chamber of Commerce, Systemic Risk, Accounting, American Bankers Association, Business News

A House panel approved a provision Thursday that calls for a new oversight body dominated by bank regulators to advise on accounting rules for banks, ...

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Ryan Grim

Accountants, Washington Helping Banks Fluff Profits

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Business, Financial Accounting Standards Board, Accounting, Fasb, Transparency, Business News

Look for another rosy round of profits when banks turn in their numbers for the second quarter ending in June when it will be legal for them to improv...

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Mark-To-Market Accounting Changes Made

Reuters | Posted 05.25.2011

Read More: Financial Accounting Standards Board, Fasb Accounting, Fasb, Mark to Market, Accounting Rule Change, Mark-to-Market-Accounting, Mark to Market Change, Mark to Market Accounting, Accounting Fasb, Business News

WASHINGTON (Reuters) -- U.S. accounting rulemakers on Thursday agreed to make adjustments to a proposal to change mark-to-market accounting rules conc...

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