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Another accounting crisis or a failure in management among mortgage investors?
Posted in Economics, Securities, Accounting, Kenneth D. Gartrell, Business, Finance, Corporate Control, Troubled Organizations, Stock Market, Market Efficiency, Investor Behavior, Investor Opportunities, Political on Jul 3rd, 2008
By: Kenneth D. Gartrell
A recent New York Times article raised issues about the application of market valuation rules to the investments in mortgage debt securities by major financial companies such as Citigroup, Bank of America and Wachovia. The article highlights efforts by managers of the companies to partially offload some of their current market […]