1550-100, “Preliminary Views on Financial Instruments with Characteristics of Equity”; to Russell Golden, FASB

Documents (1) for 1550-100, “Preliminary Views on Financial Instruments with Characteristics of Equity”; to Russell Golden, FASB

Addressing Termination Troubles

When Enron announced a shock $618 million loss on October 16, 2001, it took a further 47 days until it filed for bankruptcy. For Bear Stearns, it took 266 days between its bailout of a structured credit fund run by...