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Fed Eyes 'Amend-Pretend' Loans.
- Source :
-
Wall Street Journal - Eastern Edition . 4/15/2010, Vol. 255 Issue 87, pC8. 0p. - Publication Year :
- 2010
-
Abstract
- The article reports on the public-enforcement action by the U.S. Federal Reserve against a banking practice known as amend and pretend, a strategy of extending or restructuring failing loans that have a huge possibility to fail eventually in order to delay the calculation of losses.
- Subjects :
- *BANK loan laws
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 255
- Issue :
- 87
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 49771211