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Real Estate & Property Law
: Housing WireFASB Acts!
By LINDA LOWELL
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At last week?s House hearing on mark-to-market accounting, representatives from both sides of the aisle blamed accounting standards for skewering bank balance sheets and demanded, as Congressman Paul Kanjorski (D-PA) put it, that ?the Financial Accounting Standards Board and the Securities and Exchange Commission to do the jobs they are required to do. Emergency situations [...]Full post as published by Housing Wire on March 17, 2009 (boomark / email).
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