Wednesday, June 6, 2007

U.S. accounting board to explore subprime concerns

(Reuters) - At the American Securitization Forum meeting on Wednesday,
FASB member Leslie Seidman said the board's staff plans to hold
an "educational forum" later this month with several interested
parties, to find out if the issues banks are complaining about
are related to legal or accounting concerns.




"Our staff has been getting many, many questions about
workouts," Seidman said.


Read more at Reuters.com Bonds News

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