The mystery surrounding an accounting glitch in the securities broker's final days is finally solved. Or is it?
Three months before the firm's collapase, a CFO warned about funding liquidity needs with customer-segregated accounts, according to a bankruptcy trustee's report.
Software vendor Infor finds an unconventional way to lighten its crushing debt load.
Federal regulators aim for more stress-testing of loan portfolios and better-defined standards on a borrower's ability to repay.
Some large, publicly held companies have no-debt policies. Is that really so puzzling?
The securities dealer's finance department and its regulators were busy looking for a mysterious reporting glitch during the company's final days – one they never found.
Here's what happened in the seven days leading up to one of the largest bankruptcies in U.S. history, according to four executives of the securities dealer who testified this week before Congress.
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