Report title: U.S. Banks: FASB Folds on Fair Value
from CreditSights
1517 word report published Apr 02, 2009

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Abstract: We review the FASB ruling on fair value accounting and its implications for banks.

Brief Excerpt: U.S. Banks: FASB Folds on Fair Value FASBáapproves staff position document on FAS 157 published in mid-March Allows banks to valueáusing cash flow models rather than market prices when markets are not active Positive for banks, as...

Report Type: Sector Article
Source: CreditSights Inc
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Price: $150.00



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