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Originally posted by jam321
Aren't the banks just asking to use the same accounting principles the government uses?
IMO, fuzzy math has been the name of the game for quite a while.
Otherwise Maddoff, Enron, failing banks and mortgage companies number game would have been discovered from day one.
Originally posted by Janky Red
Originally posted by jam321
Aren't the banks just asking to use the same accounting principles the government uses?
IMO, fuzzy math has been the name of the game for quite a while.
Otherwise Maddoff, Enron, failing banks and mortgage companies number game would have been discovered from day one.
If someone was minding the store -
Originally posted by LadySkadi
Originally posted by Janky Red
Originally posted by jam321
Aren't the banks just asking to use the same accounting principles the government uses?
IMO, fuzzy math has been the name of the game for quite a while.
Otherwise Maddoff, Enron, failing banks and mortgage companies number game would have been discovered from day one.
If someone was minding the store -
the SEC ... dropped the proverbial ball, big time ...
[edit on 6-11-2009 by LadySkadi]