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To: Moonman62

SARBOX is going to cost us more than Enron and Worldcom combined.

How can our financial firms still have any off balance sheet assets (like SIVs) and still be SARBOX compliant ?

How does the FAS 157 accounting rule affect their balance sheets for FY 2007/2008 ?

5 posted on 12/10/2007 6:06:34 AM PST by Vet_6780

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To: Vet_6780

What do you mean by off balance sheet?

6 posted on 12/10/2007 6:10:44 AM PST by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)

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