2010, ISBN: 1234484714

[EAN: 9781234484712], Neubuch, UNITED STATES. CONGRESS. JOINT,SUBJECTS, This item is printed on demand. Paperback. Original publisher: Washington: U. S. G. P. O. , 2010. LC Number: KF25 .… More...

[EAN: 9781234484712], Neubuch, UNITED STATES. CONGRESS. JOINT,SUBJECTS, This item is printed on demand. Paperback. Original publisher: Washington: U. S. G. P. O. , 2010. LC Number: KF25 . E2 2009n OCLC Number: (OCoLC)613333786 Subject: Predatory lending -- United States. Excerpt: . . . 9 Some may use Enrons bankruptcy as a vehicle to make big Gov-ernment arguments against electricity markets. But it wasnt the electricity consumer who was hurt by Enrons fall, it was their workers and investors. Furthermore, Congress must pass the netting provisions of the bankruptcy reform legislation. Enron and its subsidiaries were party to tens, if not hundreds of thousands, of different financial contracts. The identification of these contracts and verification that they are eligible for netting will require vast expenditures of time and money and divert the attention of Enron and the court from the task of reorganizing. Meanwhile, creditors will remain uncer-tain as to the enforceability of their contracts and the ultimate sta-tus of their claims against Enron. Lets eliminate the uncertainty, the waste of valuable court time and estate funds, and allow institutions to eliminate exposure more thoroughly. We are pleased to welcome the distinguished Chief Accountant of the Securities and Exchange Commission, Bob Herdman, to discuss the reporting and financial disclosure system mandated by the Fed-eral Securities laws. Im particularly pleased that Mr. Herdman is here today, because the central issues that the Enron collapse raises are issues of investor protection and accounting rules, about which there are few better experts than the Chief Accountant of the Commission on which to opine. Mr. Herdman, welcome to the subommittees for your first ap-pearance since youve been appointed. I would like to remind the Members of the subcommittees that Enron, as well as Arthur Andersen, are the subjects of a formal in-vestigation by the SEC, so Mr. Herdman will not be able to provide any specific information about those investigations, and Id ask the Members to please phrase your questions accordin. . . This item ships from La Vergne,TN.<

ISBN: 9781234484712

United States Congress Joint,Paperback, Italian-language edition,Pub by General Books LLC Books Books Predatory-Lending-and-Reverse-Redlining~~United-States-Congress-Joint General Books LLC