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Today, the Financial Accounting Standards Board (FASB) issued an Exposure Draft of a proposed Accounting Standards Update (ASU) to improve accounting for financial instruments
Today, the Financial Crisis Inquiry Commission (FCIC), a congressionally appointed commission tasked with researching the financial collapse, held the second day of a three day hearing entitled, "Subprime Lending and Securitization and Government-Sponsored Enterprises (GSEs)."
